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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.
Basic allowance for subsistence (BAS): BAS is meant to offset costs for a member's meals. This allowance is based in the historic origins of the military in which the military provided room and board (or rations) as part of a member's pay. This allowance is not intended to offset the costs of meals for family members.
The history of the program's COLA is a tale of two halves. Between 1940 and 1975, adjustments were made on an arbitrary basis by special sessions of Congress. ... But based on the current ...
Change the cost-of-living adjustment (COLA). Several proposals have been discussed. Effects of COLA reductions would be cumulative over time and would affect some groups more than others. Poverty rates would increase. [122] Reduce benefits for new retirees. If Social Security benefits were reduced by 3% to 5% for new retirees, about 18% to 30% ...
This wasn't just an arbitrary date I picked to calculate a long-term average. 1975 was the first year when Social Security COLAs were based on Consumer Price Index (CPI) inflation data.
Retirees will receive a paltry increase in their Social Security checks in 2017 - the second consecutive year of flat or near-flat benefits.
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[329] [330] [331] [97] However, in light of the DoD 60-day travel ban due to the COVID-19 pandemic, the number of CONUS-based troops participating in Defender Europe 2020 was reduced to those troops already in Europe. [y] COVID-19 has been a 'wake up call to DoD' —Matthew Donovan [336] In 2020 the Army lost 3 NTC training rotations to COVID ...