Virginia Releases 2024 Rates: Benefits, COLA, and Mileage

Virginia Releases 2024 Rates: Benefits, COLA, and Mileage

Car speedometer with the needle near the middle of the dial, for Virginia's 2024 mileage rates

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.