Cost Of Living Allowances Definition

Searching for Cost Of Living Allowances Definition information? On our website, we have collected a lot of different data on the cost of living. You will find links to both official statistics and people's impressions. Below are the most relevant links to Cost Of Living Allowances Definition data.

COST-OF-LIVING ALLOWANCE meaning in the Cambridge ...

https://dictionary.cambridge.org/dictionary/english/cost-of-living-allowance

extra money that some people receive from their employer, for example, because they work in an area that is very expensive, or because prices have increased: A cost of living allowance is paid to cover the additional living costs incurred by employees who are living away from home.

COST-OF-LIVING ALLOWANCE definition in the Cambridge ...

https://dictionary.cambridge.org/us/dictionary/english/cost-of-living-allowance

extra money that some people receive from their employer, for example, because they work in an area that is very expensive, or because prices have increased: A cost of living allowance is paid to cover the additional living costs incurred by employees who are living away from home.

Cost of Living Allowance [COLA] Law and Legal Definition ...

https://definitions.uslegal.com/c/cost-of-living-allowance-c-o-l-a/

Cost of Living Allowance (COLA) refers to an addition to normal salary to cover increases in the cost of living. In the U.S., COLA is a military entitlement given to those military servicemen and women, who are living in high cost areas or stationed overseas. It is fixed on the basis of a service member’s pay grade, years of service, and number of dependents.

What is cost of living allowance (COLA)? definition and ...

http://www.businessdictionary.com/definition/cost-of-living-allowance-COLA.html

Periodic increase in wages or salaries, to compensate for loss in purchasing power of money due to inflation. Rate of COLA is commonly pegged to a general index such as consumer price index (CPI). Also called cost of living adjustment.

The Cost of Living and Cost of Living Allowance. : Expat ...

https://www.expatinfodesk.com/expat-guide/negotiating-your-contract/calculating-your-new-cost-of-living/

8 rows · The cost of living allowance (COLA) is an allowance that is often awarded to expats who …

Cost of Living Definition

https://www.investopedia.com/terms/c/cost-of-living.asp

Sep 20, 2020 · The cost of living is the amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time period. The cost of living is often used to compare...

Cost-of-Living Adjustment (COLA) Definition

https://www.investopedia.com/terms/c/cola.asp

Sep 22, 2020 · A cost-of-living adjustment (COLA) is an increase in Social Security benefits to counteract inflation. Inflation is measured using the consumer …

Allowances, Differentials, and Other Special Pay ...

https://www.irs.gov/individuals/international-taxpayers/allowances-differentials-and-other-special-pay

May 14, 2020 · Living allowances designated by the Director of the Peace Corps as basic compensation. This is the part for personal items such as domestic help, laundry and clothing maintenance, entertainment and recreation, transportation, and other miscellaneous expenses, Leave allowances, Readjustment allowances or "termination payments."

Overseas Cost of Living Allowances (COLA)

https://www.defensetravel.dod.mil/site/cola.cfm

The Overseas Cost of Living Allowance (COLA) is a non-taxable allowance designed to offset the higher overseas prices of non-housing goods and services. It affects approximately 250,000 Service members at 600 locations overseas, including Alaska and Hawaii. Approximately $2 billion is paid in Overseas Cost of Living Allowances annually.

Cost of Living Adjustment: Definition, Calculation

https://www.thebalance.com/what-is-the-cost-of-living-adjustment-3305736

Aug 28, 2020 · The cost of living adjustment is an increase in income that keeps up with the cost of living. It's often applied to wages, salaries, and benefits. These include union agreements, executive contracts, and retiree benefits. For example, the government uses a COLA each year on Social Security benefits.