How to Avoid the Military 'COLA Trap' by Getting Smart About Your Retirement Date To understand how pay inversions happen, you'll need to get your head around how your retirement will be calculated.
Cuts to Stateside Cost of Living Allowances Coming for Service Members as Other Pays Go Up Next year about 1,000 fewer troops will be getting an allowance intended to help them live in expensive parts of America, the...
COLA Reinstated for Service Members in Japan for the First Time in Months The latest change comes amid rapid currency fluctuations that led to the halting of the payments.
2023 Military Pay Raise Will Be the Largest in 20 Years The largest military pay raise in decades is coming in 2023 for active-duty troops as part of the annual defense...
Military Families in Germany 'Struggling to Make Ends Meet' Amid European Utility Hike Gas prices have risen by an average of 173% in Germany from the prior year, according to price comparison portal Check24.
Major Cut to Cost-of-Living Allowances Planned, Then Put on Hold for Service Members in Hawaii Marine Corps Forces Pacific Headquarters warned that cuts to the allowances could translate to a "$280-$500 per month"...
Cuts to Cost-of-Living Allowances 'Make It Hard Just to Exist,' Military Families in Germany Say Spouses in Germany say it is not an affordable place to live right now as the country is being hit by skyrocketing costs.
Major Cuts to Cost-of-Living Allowances for Thousands of Military Families in Germany Coming This Summer The decrease in the monthly allowance depends on rank, years of service and number of dependents.
Here's How Much Extra Pay Military Retirees Are Likely to Get with the COLA Increase The increase also covers disability payments and survivor benefits.
COLA Increase for Veterans Benefits Passes House The House passed a bill on cost-of-living increases in veterans benefits for 2021.
Federal Government Shutdown Grinds into a Second Week as Tempers Flare at the Capitol As the federal government shutdown enters a second week, there’s no discernible endgame in sight.
Trump Targets Blumenthal, Calling for Investigation into Senator's Vietnam Service Claims President Donald Trump is targeting U.S. Sen. Richard Blumenthal again after Connecticut’s senior U.S. senator grilled U.S...
At 50, He Survived Marine Boot Camp — Then Fought at Peleliu and Okinawa When 50-year-old Paul Douglas showed up at Marine Corps boot camp in 1942, the white-haired economics professor looked more...
Ukrainian Drones Attack Russian Cavalry Troops in Rare 21st-Century Encounter A short video circulating online this month appears to show a Russian mounted patrol being struck by a Ukrainian drone near...
When The Government Can Afford Everything Except The Essentials Every shutdown forces the government to decide what counts as “essential.” Air traffic controllers and TSA agents fall into...