Asked by Wiki User. See the full definition for cola in the English Language Learners Dictionary. 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. Top COLA abbreviation meanings updated September 2020 • COLA (noun) The noun COLA has 2 senses:. The exact computation, however, is more complex. 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. Academic & Science » Linguistics. English Translation. What does COLA mean in Military? OHA: This allowance helps service members pay for overseas housing “on the economy,” or off-base in the surrounding civilian neighborhood. The Cost-of-Living-Adjustment (aka Cost-of-Living Allowance) is determined by the Bureau of Labor Statistics’ Consumer Price Index (CPI-W). It does not compensate for remoteness, hardship, or non-availability of goods and services at remote duty stations. PSP, HIPAA Hop on to get the meaning of COLA. 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). Cola Name Meaning. 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. Dictionary entry overview: What does Cola mean? NASA, 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. If you have more, list them in the comments and I’ll look for answers! What does COLA mean? administration. Conditions covered by these benefits typically include: Physical disabilities including hearing loss, chronic back pain, asthma and cancers caused by contact with toxic chemicals. army. The meaning of Cola is “Charcoal; dark-featured”. Community » Associations. Federal SSI payment levels will begin on December 30, 2020. It affects approximately 250,000 Service members at 600 locations overseas, including Alaska and Hawaii. Veterans who retire during the current calendar year will receive a temporary partial COLA due to already receiving a military pay raise in January. Miscellaneous » Unclassified. Cost of Living Allowance (COLA) refers to an addition to normal salary to cover increases in the cost of living. We found 4 meanings of COLA acronym or abbreviation related to Military: Any category. cola definition: 1. a sweet, brown fizzy drink (= one with bubbles) that does not contain alcohol: 2. a sweet…. locations. Miscellaneous » Unclassified. 1 people chose this as the best definition of cola: Cost-of-living adjustment... See the dictionary meaning, pronunciation, and sentence examples. Possible COLA meaning as an acronym, abbreviation, shorthand or slang term vary from category to category. : a sweet brown drink that contains many bubbles. Authorities related to veterans’ benefits. Social Security benefits will be effective beginning with December 2020 benefits, which are payable in January 2021. List of 106 COLA definitions. Looking for the definition of COLA? military. 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. Rate it: COLA: Children Of Limitless Ability. English Language Learners Definition of cola. OS can means OverSeas. 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. Meaning of COLA. The program affects approximately 20,000 Service members in 16 Military Housing Areas (MHAs) and 31 other counties in CONUS. English words for cola include sizes, glues, cements, queuing, glue, tail, bottom, line, see a la cola and trails. Its pronunciation is K OW-Laa- †. Cost-of-Living Adjustment An increase to a wage, salary, or pension designed so that the real value remains the same. increase. The 2021 COLA (Cost-of-Living Adjustments) increase is 1.3% as announced by the Social Security Administration. Find more Spanish words at wordhippo.com! Learn more. A COLA increases a person's Social Security retirement benefit by approximately the product of the COLA and the benefit amount. GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). If you would like to find more information about benefits offered by Veteran Affairs, visit the official site for veterans benefits at Veterans Affairs. What does COLA stand for in text In sum, COLA is an acronym or abbreviation word that is defined in simple language. 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 … A cost-of-living adjustment (COLA) is made to Social Security and Supplemental Security Income to adjust benefits to counteract the effects of inflation. Be the first to answer! 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. Looking for online definition of COLA or what COLA stands for? U.S. government agencies have not reviewed this information. Find out what is the full meaning of CONUS on Abbreviations.com! "global warming" The Governmental & Military Acronym /Abbreviation/Slang COLA means cost-of-living adjustment/allowance. 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). Citizens For Off Leash Areas. Rate it: COLA Greek authorities investigate missing military materials. 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 … 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. Information and translations of COLA in the most comprehensive dictionary definitions resource on … 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. What does Cola mean in German? 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. Rate it: COLA: Check Organize Lead Assess. Answer. Use the official Overseas COLA Calculator to see how much COLA to expect at overseas installations. Cola is largely used in the Italian language and its origin is Old Greek. 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. 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. You apply for OHA … Definition of COLA in the Definitions.net dictionary. Find out what is the full meaning of COLA on Abbreviations.com! CONUS is CONtinental United States and refers to the 48 contiguous states. 8337, do? 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 … Approximately $2 billion is paid in Overseas Cost of Living Allowances annually. | Meaning, pronunciation, translations and examples 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. This page illustrates how COLA is used in messaging and chat forums, in addition to social networking software like VK, Instagram, Whatsapp, and Snapchat. Examples: NFL, Education General Cola is a sweetened, carbonated soft drink flavored with vanilla, cinnamon, citrus oils and other flavorings. 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). Rate it: COLA: Central Oregon Llama Association. So what does this CR, H.R. What does Governmental & Military COLA stand for? 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. You apply for OHA … The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement. Who doesn't love being #1? co-la, col-a ] The baby boy name Cola is also used as a girl name. What does COLA mean? Miscellaneous » Unclassified. Hopefully this will answer some of the biggest military FAFSA questions. 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. OS can mean "ordinary seaman", so it applies to the Merchant Marine. Rate it: COLA: Corpus Of Linguistic Acceptability. by AcronymAndSlang.com california. Did your Medicare premiums impact your social security benefits? cola noun: Cola: coke noun: Koks, Kokain, Coca: Find more words! Register to get answer. 2021 COLA Increase: For more information read about the 2021 COLA increase watch. 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. What does COLA stand for? Meaning the COLA rates will be the same in 2021, if there is deflation. Please look for them carefully. 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). 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. Cola definition: Cola is a sweet brown non-alcoholic fizzy drink. cola. Meaning of COLA. 'Cost of Living Adjustment' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. 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. © 1988-2020, Federal & State food and housing assistance programs. The 2021 COLA (Cost-of-Living Adjustments) increase is 1.3% as announced by the Social Security Administration. 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. ,random 'CONtinental United States' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. Use the official Overseas COLA Calculator to see how much COLA to expect at overseas installations. Pronounce Cola [ 2 syll. 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. OHA: This allowance helps service members pay for overseas housing “on the economy,” or off-base in the surrounding civilian neighborhood. This field is for validation purposes and should be left unchanged. Disclaimer: This is a private website that is NOT affiliated with the U.S. government, U.S. Armed Forces or Department of Veteran Affairs. For example, assume this year’s COLA is -.5%. 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. Military Benefits Information for US Military, Active Duty, Reserve, National Guard, Military Spouses and Military Family. COLA is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms The Free Dictionary To help offset the cost of living in higher cost areas, military members may be eligible for a Cost-of-Living Allowance (COLA). Be the first to answer this question. Word(s) in meaning: chat  Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3 percent in 2021. How does cola work in the military? More meanings for Cola. Looking for the definition of CONUS? 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. Cola is a pet form of the name Nicholas (English and French). Each Social Security benefit is based on a "primary insurance amount," or PIA. Cost-of-Living Adjustment (COLA) Information for 2021. 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. (2) 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 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. Acronym Finder, All Rights Reserved. 0 0 1. What does Cola mean? However, deflation could impact 2022 because if there is negative inflation, it will get deducted from the next positive COLA. This site contains information about GI Bill benefits, VA loans, news and services for military veterans and is not connected with any government agency. Definition of COLA in the Definitions.net dictionary. CONUS COLA. 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Beneficiaries in January origin is Old Greek pronunciation, and sentence examples the Governmental & Military /Abbreviation/Slang... Designed so that the real value remains the same than 64 million Social Security retirement benefit by approximately product! Computation, however, deflation could impact 2022 because if there is negative inflation, it will get deducted the. Acronym /Abbreviation/Slang COLA means cost-of-living adjustment/allowance brown drink that contains many bubbles remoteness, hardship, or non-availability of and! In text in sum, COLA is -.5 % private website that is not affiliated with the U.S. of!