Report on cost of living adjustment

Not later than one year after the date of the enactment of this Act, the Under Secretary of Defense for Personnel and Readiness shall submit to the Committees on Armed Services of the Senate and the House of Representatives a report on cost of living adjustment calculations for purposes of pay and benefits for members of the Armed Forces and civilian employees of the Department of Defense whose permanent duty station is located in the 19th Congressional District of California. Such report shall include— (1) an explanation of the methods used to collect data and the factors used to determine such cost of living adjustment; (2) an assessment of the appropriateness of including in the calculation of such cost of living adjustment the presence of military commissaries or exchanges; (3) the evaluation of the Under Secretary of— (A) whether any locations within the 19th Congressional District of California should be considered a high-cost area for purposes of chapter 67 of volume 7A of the Department of Defense Financial Management Regulation; (B) whether the existence of a military commissary in Monterey, California, provides substantial financial support that affects the determination of a cost of living adjustment; and (C) the advisability of providing certain areas within the 19th Congressional District of California with an increased cost of living adjustment; and (4) a comparison of the factors that contribute to a determination of the cost of living adjustments that are applied to Monterey, California, and Santa Clara, California.