2024 Cost Of Living Adjustment Cola Dfas. A location code is sometimes required to compute overseas housing allowance (oha) and cost of living allowance (cola). 2024 cost of living adjustment (cola) for military retirees and survivor benefit plan (sbp) annuitants based on the increase in the consumer price.

Cola impacts the everyday lives of military members because it is factored into. Based on the increase in the consumer price index, there will be an 8.7 percent cost of living adjustment (cola) for most retired pay and survivor benefit plan annuities effective dec.