Thread: Cologne schools
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Old 04-15-2011 | 04:30 AM
  #41  
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Popeye
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Originally Posted by Good Beer
There is a COLA, $3500 per month is the Min housing allowance per month, it adjusts upward quarterly when the Dept of state foreign Max Per diem Rate (MPDR) goes up 10% (resets to the new MPDR). You did read the LOA right?

It just cracks me up that people think it isn't doable when an FO in the EMEA will be making more than 95% of the population there, and paying less tax's to boot.
That COLA affects only your housing allowance buying power, not the rest of your income. It certainly doesn't cover the 24,000 Euro cost to send the two kids to school as was asked in the prior thread.

Clearly the point being made is that a benefit that can't be practically used is really no benefit at all. But that didn't keep the pro-TA ideologues from letting the facts get in the way of promoting their agenda.
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