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Va 2024 Compensation Payments. Review current disability compensation rates based on disability rating and number of dependents. Va makes a determination about the. Va special monthly compensation (smc) is a higher rate of compensation that we pay to veterans as well as their spouses, surviving spouses, and parents with. 2024 va disability pay charts are effective december 1, 2023, payable starting january 1, 2024, and will increase by 3.2% based on the new social security.