Description |
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The Secretary concerned must calculate a member's Cost of Living Allowance (COLA) With Dependents payable amount by multiplying the quotient of the COLA With Dependents annual rate divided by 360 rounded to the fifth decimal place (daily rate) by the number of days for which COLA is to be paid, rounding the amount to the nearest cent. |
Comments |
Business Rule Extra Properties |
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Business Rule Number: | 1001102 |
APG Compliant? | |
Business Rule Category: | Action Assertion |
Business Rule Level: | Operational |
Business Rule Source Type: | Compliance Requirement |
Reference Material: | |
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CBM Stakeholder(s) (1) |
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HRM |
Enterprise Standard(s) (0) |
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LRP (0) |
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BPM Process(es) (2) |
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Compute the Member's COLA/COLA Reduced without Dependents Payable Amount Determine the Member's COLA with Dependents Payable Amount |
Condition(s) (0) |
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Measure Type(s) (0) |
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Data Object(s) (0) |
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Data Element(s) (0) |
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Attribute(s) / Entity (0) |
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Gateway(s) (0) |
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