Introduction to COLA The cost-of-living adjustment (COLA) is a critical mechanism designed to help individuals, particularly retirees, maintain their purchasing power amid the relentless rise of inflation. For military personnel who have dedicated their lives to serving the nation, ensuring that their retirement pay keeps pace with living expenses is essential. COLA...

Introduction to COLA The cost-of-living adjustment (COLA) is a critical mechanism designed to help individuals, particularly retirees, maintain their purchasing power amid the relentless rise of inflation. For military personnel who have dedicated their lives to serving the nation, ensuring that their retirement pay keeps pace with living expenses is essential. COLA...