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Can my veterans' disability rating increase or decrease?

Yes.  Unless the verterans administration (VA) specifically states that the ratings decision assigned to you is a permanent and total rating, it can increase or decrease.  The VA may periodically call you for examinations to determine if your disability has changed.  It is important to know that failure to meet these examination requests, can result in a reduced rating. 
Jim Keller
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Senior Partner at Keller & Keller Law Firm

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Keller & Keller operates as a limited liability entity with offices throughout three states. Keller & Keller's Indiana office operates as an LLP (Keller & Keller LLP). Keller & Keller's Michigan office operates as a PLLC (Keller & Keller PLLC). Keller & Keller's New Mexico office operates as an LLC (Keller & Keller LLC).