What Is The Meaning Of Cost Of Living Allowance

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

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

A cost of living allowance is paid to cover the additional living costs incurred by employees who are living away from home. (Definition of cost-of-living allowance from the Cambridge Business English Dictionary © Cambridge University Press) Translations of cost-of-living allowance

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

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

cost of living allowance (COLA) 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.

Cost-of-living allowance - definition of cost-of-living ...

https://www.thefreedictionary.com/cost-of-living+allowance

1. cost-of-living allowance - an allowance for changes in the consumer price index. allowance, adjustment - an amount added or deducted on the basis of qualifying circumstances; "an allowance for profit". Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.

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.

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 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 …

How Does a Cost-of-Living Adjustment (COLA) Affect My Salary?

https://www.investopedia.com/ask/answers/112814/how-does-cost-living-adjustment-cola-affect-my-salary.asp

Nov 15, 2019 · A cost-of-living adjustment (COLA) is an increase in benefits or salaries to counteract inflation. Inflation for the Social Security COLA is calculated annually using …

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 (COLA) Information SSA

https://www.ssa.gov/cola/

Beginning in 1975, Social Security started automatic annual cost-of-living allowances. The change was enacted by legislation that ties COLAs to the annual increase in the Consumer Price Index (CPI-W). The change means that inflation no longer drains value from Social Security benefits. The 2020 COLA