,random Veterans who retire during the current calendar year will receive a temporary partial COLA due to already receiving a military pay raise in January. What does COLA mean in Military? Be the first to answer! Approximately $2 billion is paid in Overseas Cost of Living Allowances annually. It affects approximately 250,000 Service members at 600 locations overseas, including Alaska and Hawaii. 0 0 1. Pronounce Cola [ 2 syll. A COLA increases a person's Social Security retirement benefit by approximately the product of the COLA and the benefit amount. This site contains information about GI Bill benefits, VA loans, news and services for military veterans and is not connected with any government agency. Possible COLA meaning as an acronym, abbreviation, shorthand or slang term vary from category to category. For example, assume this year’s COLA is -.5%. The first COLA adjustment after retirement is calculated under a formula different than that above, if the member retires between January 1st and September 31st. Authorities related to veterans’ benefits. Learn more. If you have more, list them in the comments and I’ll look for answers! What does COLA mean? What does Governmental & Military COLA stand for? Rate it: COLA military. Federal SSI payment levels will begin on December 30, 2020. List of 106 COLA definitions. Keep in mind that many names may have different meanings in other countries and languages, so be careful that the name that you choose doesn’t mean something bad or unpleasant. A cost-of-living adjustment (COLA) is made to Social Security and Supplemental Security Income to adjust benefits to counteract the effects of inflation. You got the 2.4% military pay raise, but in December, only got 2.4% COLA as opposed to the full 2.8% had you retired in 2017. 2021 COLA Increase: For more information read about the 2021 COLA increase watch. See the full definition for cola in the English Language Learners Dictionary. The meaning of Cola is “Charcoal; dark-featured”. The first COLA adjustment after retirement is calculated under a formula different than that above, if the member retires between January 1st and September 31st. CONUS is CONtinental United States and refers to the 48 contiguous states. CONUS COLA is a taxable supplemental allowance designed to help offset higher prices in the highest cost locations in CONUS that exceed the costs in an average CONUS location by 8 percent or more. Miscellaneous » Unclassified. Dictionary entry overview: What does Cola mean? Cola is largely used in the Italian language and its origin is Old Greek. Conditions covered by these benefits typically include: Physical disabilities including hearing loss, chronic back pain, asthma and cancers caused by contact with toxic chemicals. Most contain caffeine, which was originally sourced from the kola nut, leading to the drink's name, though other sources are now also used.Cola became popular worldwide after pharmacist John Pemberton invented Coca-Cola in 1886, which was later imitated by other manufacturers. Use the official Overseas COLA Calculator to see how much COLA to expect at overseas installations. Cola definition: Cola is a sweet brown non-alcoholic fizzy drink. co-la, col-a ] The baby boy name Cola is also used as a girl name. We found 4 meanings of COLA acronym or abbreviation related to Military: Any category. NASA, | Meaning, pronunciation, translations and examples OHA: This allowance helps service members pay for overseas housing “on the economy,” or off-base in the surrounding civilian neighborhood. It does not compensate for remoteness, hardship, or non-availability of goods and services at remote duty stations. The Cost of Living Allowance does not reimburse expenses but rather increases the paycheck of the military member every two weeks; this will offset higher overseas prices of goods and services. This field is for validation purposes and should be left unchanged. increase. COLA Stands For: All acronyms (97) Airports & Locations Business & Finance (1) Common (3) Government & Military (7) Medicine & Science (6) Chat & Sub Cultures (1) Education Schools (3) Technology, IT etc. administration. English words for cola include sizes, glues, cements, queuing, glue, tail, bottom, line, see a la cola and trails. Hopefully this will answer some of the biggest military FAFSA questions. What does COLA stand for in text In sum, COLA is an acronym or abbreviation word that is defined in simple language. Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3 percent in 2021. Social Security benefits will be effective beginning with December 2020 benefits, which are payable in January 2021. The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement. Cola is a pet form of the name Nicholas (English and French). Information and translations of COLA in the most comprehensive dictionary definitions resource on … Hop on to get the meaning of COLA. You apply for OHA … OHA: This allowance helps service members pay for overseas housing “on the economy,” or off-base in the surrounding civilian neighborhood. The 2021 COLA (Cost-of-Living Adjustments) increase is 1.3% as announced by the Social Security Administration. Miscellaneous » Unclassified. Disclaimer: This is a private website that is NOT affiliated with the U.S. government, U.S. Armed Forces or Department of Veteran Affairs. 1 people chose this as the best definition of cola: Cost-of-living adjustment... See the dictionary meaning, pronunciation, and sentence examples. Cola Name Meaning. How does cola work in the military? What does COLA stand for? Use the official Overseas COLA Calculator to see how much COLA to expect at overseas installations. Rate it: COLA: Check Organize Lead Assess. california. Military Benefits Information for US Military, Active Duty, Reserve, National Guard, Military Spouses and Military Family. Acronym Finder, All Rights Reserved. The Corp. struck up a contract with the military circa 2004 to offer the energy drink in US military installations across the globe, especially in the Middle East. OS can mean "ordinary seaman", so it applies to the Merchant Marine. army. 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. Asked by Wiki User. What does COLA mean? What does Cola mean? It is based on the percentage increase of the CPI-W from the 3rd quarter of the previous year versus the current year’s 3rd quarter (July, August, and September). Cost-of-Living Adjustment An increase to a wage, salary, or pension designed so that the real value remains the same. Rate it: COLA: Children Of Limitless Ability. : a sweet brown drink that contains many bubbles. Federal & State food and housing assistance programs. This page illustrates how COLA is used in messaging and chat forums, in addition to social networking software like VK, Instagram, Whatsapp, and Snapchat. If the Medical Evaluation Board (MEB) determines that a Service member does not meet retention standards for his/her military occupational specialty (MOS)/military occupational classification (MOC), then the Service member will be referred to a Physical Evaluation Board (PEB). PSP, HIPAA What does Cola mean in German? Rate it: COLA: Corpus Of Linguistic Acceptability. You apply for OHA … Citizens For Off Leash Areas. The 2021 COLA (Cost-of-Living Adjustments) increase is 1.3% as announced by the Social Security Administration. Looking for the definition of COLA? 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. That is, a cost-of-living adjustment increases the underlying wage, salary, or pension so that it keeps pace with (but does not run ahead of) inflation. The Cost-of-Living-Adjustment (aka Cost-of-Living Allowance) is determined by the Bureau of Labor Statistics’ Consumer Price Index (CPI-W). Did your Medicare premiums impact your social security benefits? by AcronymAndSlang.com This is to preclude the advantage of receiving a retirement based on both a new pay raise and full COLA in the first year of retirement. Cost-of-Living Adjustment (COLA) Information for 2021. It follows that the later in the year you wait to retire, you’re losing out on COLA at the end of that first year. Find out what is the full meaning of COLA on Abbreviations.com! Meaning; COLA: Cost Of Living Allowance: COLA: County of Los Angeles (Los Angeles, CA) COLA: Collision Avoidance (space/satellite operations) COLA: Combined Operating License Application: COLA: Construction and Operating License Application (nuclear energy regulation) COLA: Constant Output Level … Examples: NFL, Feedback, The World's most comprehensive professionally edited abbreviations and acronyms database, https://www.acronymfinder.com/Military-and-Government/COLA.html, Collision Avoidance (space/satellite operations), Construction and Operating License Application (nuclear energy regulation). Information and translations of COLA in the most comprehensive dictionary definitions resource on … If you would like to find more information about benefits offered by Veteran Affairs, visit the official site for veterans benefits at Veterans Affairs. Meaning of COLA. COLA is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms The Free Dictionary Looking for online definition of COLA or what COLA stands for? © 1988-2020, (2) Its pronunciation is K OW-Laa- †. Cola is a sweetened, carbonated soft drink flavored with vanilla, cinnamon, citrus oils and other flavorings. Postal codes: USA: 81657, Canada: T5A 0A7, Your abbreviation search returned 16 meanings, showing only Military and Government definitions (show all 16 definitions), Note: We have 74 other definitions for COLA in our Acronym Attic, Search for COLA in Online Dictionary Encyclopedia, The Acronym Finder is Top COLA abbreviation meanings updated September 2020 Please look for them carefully. "global warming" U.S. government agencies have not reviewed this information. English Translation. 10 Veterans Benefits You May Not Know About, Veterans Employment and Training Service (VETS), Security Clearance Jobs After the Military, Military Spouse Career Advancement Accounts (MyCAA), Monthly Housing Allowance (MHA) for the GI Bill, Veterans ID on Driver’s License or ID Card by State, Parents’ Dependency and Indemnity Compensation (DIC) Tables, Social Security Disability Insurance (SSDI). Definition of COLA in the Definitions.net dictionary. Retired military veterans, VA rates for compensation and pension for disabled veterans and surviving families will be effective December 1, 2020 and will be reflected on the first check to be paid on December 31, 2020. cola definition: 1. a sweet, brown fizzy drink (= one with bubbles) that does not contain alcohol: 2. a sweet…. 1. large genus of African trees bearing kola nuts 2. carbonated drink flavored with extract from kola nuts ('dope' is a southernism in the United States) Familiarity information: COLA used as a noun is rare. Meaning of COLA. Meaning the COLA rates will be the same in 2021, if there is deflation. Greek authorities investigate missing military materials. locations. The program affects approximately 20,000 Service members in 16 Military Housing Areas (MHAs) and 31 other counties in CONUS. Miscellaneous » Unclassified. Find out what is the full meaning of CONUS on Abbreviations.com! Register to get answer. Academic & Science » Linguistics. CONUS COLA. OS can means OverSeas. Education General The exact computation, however, is more complex. • COLA (noun) The noun COLA has 2 senses:. Looking for the definition of CONUS? Retirees who entered military service on or after Aug. 1, 1986, and opted for the Career Status Bonus (CSB/Redux retirement plan) have any COLA increases reduced by … Definition of COLA in the Definitions.net dictionary. It will fund programs and activities at FY 2020 levels, and it will extend several authorities and programs, including: Medicare Part B premium adjustments, and other Medicare and Medicaid-related authorities and programs. cola noun: Cola: coke noun: Koks, Kokain, Coca: Find more words! Find more Spanish words at wordhippo.com! The 1.3 percent increase in the cost-of-living adjustment is about a $20 monthly benefit increase for the average retiree, or about $240 per year. The 1.3 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 64 million Social Security beneficiaries in January 2021. The 1.3 percent increase in the cost-of-living adjustment is about a $20 monthly benefit increase for the average retiree, or about $240 per year. However, deflation could impact 2022 because if there is negative inflation, it will get deducted from the next positive COLA. Veterans with a disability that developed or worsened while serving in the military, or due to military service, may be eligible for Service-Connected disability pay. The law does not allow for a negative COLA, so benefits were held flat, meaning that benefits provided for more purchasing power in 2010 than they did … 8337, do? Who doesn't love being #1? To help offset the cost of living in higher cost areas, military members may be eligible for a Cost-of-Living Allowance (COLA). So, I suspect the Department of Education would argue that COLA should be included on Line 92f, Untaxed Income, Housing, food and other living allowances, just like BAS is included there. COLA is based on the percentage increase of the Consumer Price Index for Urban Wage Earners and Clerical Workers for the third quarter of this year. Cost of Living Allowance (COLA) refers to an addition to normal salary to cover increases in the cost of living. Each Social Security benefit is based on a "primary insurance amount," or PIA. This is to preclude the advantage of receiving a retirement based on both a new pay raise and full COLA in the first year of retirement. Be the first to answer this question. So what does this CR, H.R. English Language Learners Definition of cola. Community » Associations. Word(s) in meaning: chat  'Cost of Living Adjustment' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. More meanings for Cola. what is the cola for military retirees; Browse our posts that related to : what is the cola for military retirees - what is the cola for military retirees in 2020 - what is the cola for military retirees in 2019 - Bellow. 'CONtinental United States' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. The Governmental & Military Acronym /Abbreviation/Slang COLA means cost-of-living adjustment/allowance. GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). cola. Answer. Rate it: COLA: Central Oregon Llama Association. Is an acronym, abbreviation, shorthand or slang term vary from category to category on what!, salary, or non-availability of goods and services at remote duty stations COLA definition: COLA Children. 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Comprehensive dictionary definitions resource on … what does COLA work in the surrounding neighborhood... U.S. government, U.S. Armed Forces or Department of Defense ( DoD ) visual information does imply. Billion is paid in overseas cost of Living Allowances annually Military acronym /Abbreviation/Slang COLA means cost-of-living adjustment/allowance 2021, there... Is deflation rates will be the same in 2021, if there is negative inflation, it get...