Q. I am retired and receiving Veterans Affairs Department benefits. Since I just retired at age 64, I am not receiving full Social Security benefits. My full retirement age was supposed to be 67. My VA benefits may increase over the next two years. Will my Social Security benefits increase when I reach my full retirement age of 67? My date of birth is Sept. 3, 1947. A. If you are already receiving a Social Security benefit, it will increase only through annual cost-of-living benefits applied to all Social Security benefits.