Cost Of Living Allowance (U.S. Military)
Cost of Living Allowance (COLA) is a United States military entitlement given to military servicemen and women living in high cost areas or stationed overseas. It is intended to compensate servicemembers for the high cost of living at certain duty stations.
Read more about Cost Of Living Allowance (U.S. Military): How It Works, Calculating Cost of Living Allowances, Updating Overseas COLA Rates, Updating Stateside COLA Rates, On Post Vs. Off Post Housing, Taxation of COLA, See Also
Famous quotes containing the words cost, living and/or allowance:
“Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You won’t eat less beef today, because you have written down what it cost yesterday.”
—Samuel Johnson (1709–1784)
“Why do you look for the living among the dead? He is not here, but has risen.”
—Bible: New Testament, Luke 24:5.
Mysterious men to the women at Jesus’ tomb.
“Sometimes, because of its immediacy, television produces a kind of electronic parable. Berlin, for instance, on the day the Wall was opened. Rostropovich was playing his cello by the Wall that no longer cast a shadow, and a million East Berliners were thronging to the West to shop with an allowance given them by West German banks! At that moment the whole world saw how materialism had lost its awesome historic power and become a shopping list.”
—John Berger (b. 1926)