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The fundamental goal of COLA is to compensate service members for the high cost of living at certain duty stations. COLA rates are based on a service member's pay grade, years of service, and number of dependents. An area is considered high cost if the cost of living for that area exceeds 108% of that national average of non-housing costs.
The amount of COLA varies by country and possibly location in a country. The amount of COLA also varies by rank, number of dependents (in the location) as well as living situation (off base may receive more than on base) and the exchange rate between the US dollar and the local currency.
Entrance to the Hale Koa on May 12, 2006. The Hale Koa Hotel, which means House of the Warrior in Hawaiian, is an Armed Forces Recreation Center (AFRC) resort hotel located on Waikiki Beach and owned by the United States Department of Defense.
The pay is for those who live in expensive locations.
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COLA may increase by around 2.5% starting in 2025, or about $50 monthly, and it was less than 3.2% in 2024. Who is eligible for COLA? You’re typically eligible to receive COLA starting 1 year ...
Fort Shafter is the oldest military base on Oahu and celebrated its 100th birthday on 22 June 2007. Fort Shafter has been home to the senior Army headquarters in Hawaii for a century. Construction began in 1905 on the ahupua'a of Kahauiki, former Hawaiian crown lands that were ceded to the United States government after annexation.
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...