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Virgina Releases 2024 Rates (Min-Max Benefits, COLA, Mileage)

The Virginia Workers’ Compensation Commission has released the VWC 2024 chronological compensation benefits chart.

  • Effective July 1, 2024 the weekly maximum unemployment compensation rate will be $1,410.00 (an increase from $1,343.00 the previous year)
  • Effective July 1, 2024 the weekly minimum unemployment compensation rate will be $352.50  (an increase from $335.75 the previous year)
  • Effective October 1, 2024 the cost of living (COLA) rate will be 3.35% (a decrease from 6.40% the previous year)

Rate information, including past year’s rates, are on the Commission’s website here.