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    EUCOM speaks on OCOLA changes

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    U.S. ARMY GARRISON STUTTGART, BADEN-WURTTEMBERG, GERMANY

    05.30.2023

    Video by Staff Sgt. Krystal England 

    AFN Stuttgart

    U.S. European Command, Command Sergeant Major Rob & Angela Abernethy provided remarks about the changes to Overseas Cost-of-Living, or OCOLA, and what to expect. OCONUS COLA is not a fixed amount and should not be considered in household budgeting. Fixed expenses, such as car payments, should be based on what a Service member can afford without the allowance. Overseas COLA can fluctuate based on the exchange rate, as COLA is paid in U.S dollars, but some expenses are typically paid in foreign currency.

    VIDEO INFO

    Date Taken: 05.30.2023
    Date Posted: 06.09.2023 09:21
    Category: PSA
    Video ID: 886331
    VIRIN: 230530-F-HJ874-0001
    Filename: DOD_109693847
    Length: 00:01:00
    Location: U.S. ARMY GARRISON STUTTGART, BADEN-WURTTEMBERG, DE

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