Overseas COLA Tables
Overseas COLA is not a fixed amount. COLA adjustments are based on an analysis of cost-of-living data and become final following review and approval by the Service Compensation Representatives of the eight Unformed Services. COLA increases based on data are implemented the next pay period. In accordance with the FY24 NDAA, COLA decreases based on data are capped at 10 points and are phased in at 2-points per month.
Overseas COLA may also be adjusted twice a month due to currency fluctuations to maintain members’ purchasing power in the local currency. Currency fluctuations only impact the portion of the COLA index attributed to shopping on the local economy in the foreign currency. To ensure timely and accurate COLA adjustments, all increases and decreases based on currency, regardless of magnitude, are implemented in full in the next pay period.
Use the archive tools below to find historical Overseas COLA information.