Don't Bank on COLA Rates
Department of Defense officials warn servicemembers stationed overseas not to include cost of living allowances in their monthly budgets because COLA rates change on a bi-weekly basis. A page devoted to the overseas COLA on the Defense Travel Management Office?s Web site, www.defensetravel.dod.mil/Sections/COLA.cfm, includes a full explanation of the allowance and links to a COLA communications toolkit and a COLA calculator. (Air Force graphic art by Staff Sgt. Jason Lake)
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