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Cost of Living Adjustment: Definition, Calculation
https://www.thebalance.com/what-is-the-cost-of-living-adjustment-3305736
Aug 28, 2020 · The cost of living adjustment is an increase in income that keeps up with the cost of living. It's often applied to wages, salaries, and benefits. These include union agreements, executive contracts, and retiree benefits. For example, the government uses a COLA each year on Social Security benefits.
Cost-of-living Adjustment (COLA) - inflationdata.com
https://inflationdata.com/articles/cost-of-living/costofliving-adjustment-cola/
Sep 11, 2020 · Many pension benefits, employment contracts and government entitlements (such as Social Security) contain a cost of living clause such as a Cost of Living Adjustment (COLA) that increases payments based on changes in the cost-of-living index. Adjustments are typically made annually. They may also be tied to a cost-of-living index that varies by …
How Does a Cost-of-Living Adjustment (COLA) Affect My Salary?
https://www.investopedia.com/ask/answers/112814/how-does-cost-living-adjustment-cola-affect-my-salary.asp
Nov 15, 2019 · A cost-of-living adjustment calculation may be used to increase certain kinds of income, such as contracts, pensions, or government benefits, so they can keep up with increasing basic living costs,...
Contract Renewals & Annual Rent Adjustments - CMS
https://www.cms-results.com/services/renewals-adjustments/
Jul 12, 2020 · Option 6 is not a contract renewal but rather a choice to opt-out of the program About Rent Adjustments Contract rent under each Section 8 HAP contract must be adjusted during the HAP contract term in accordance with the HAP contract and HUD requirements.
Cost of Living Adjustment Sample Clauses - Law Insider
https://www.lawinsider.com/clause/cost-of-living-adjustment
Cost of Living Adjustment. For each year following the Initial Term, unless the parties shall otherwise agree and provided that the service mix and volumes remain consistent as previously provided in the Initial Term, the total fee for all services shall equal the fee that would be charged for the same services based on a fee rate (as reflected in a fee rate schedule) increased by …
CONTRACTING POLICY – COST OF LIVING ADJUSTMENTS …
http://file.lacounty.gov/SDSInter/bos/bc/003178_01-29-02_cola_contracts.pdf
Jan 29, 2002 · preceding the contract anniversary date, which shall be the effective date for any cost of living adjustment. However, any increase shall not exceed the general salary movement granted to County employees as determined by the Chief Administrative Office as of each July 1 for the prior 12-month period. Furthermore, should fiscal
Renewal Term Sample Clauses - Law Insider
https://www.lawinsider.com/clause/renewal-term
For purposes of this Renewal Term, Section 5.5 (Cost of Living Adjustment) of the Agreement shall not apply until July 1, 2012. Unless the parties otherwise agree to different provisions in writing, the Agreement shall continue to be renewable in accordance with the terms set forth in Section 14.1 of the Agreement. Sample 1 Sample 2
How to Use the Consumer Price Index for Escalation : U.S ...
https://www.bls.gov/cpi/factsheets/escalation.htm
Apr 24, 2019 · State frequency of adjustment. Adjustments are usually made at fixed intervals, such as quarterly, semiannually, or, most often, annually. Determine adjustment formula. Determine the formula for the adjustment calculation. Usually the change in payments is directly proportional to the percent change in the CPI index between two specified periods.
How to Write a Letter Regarding the Renewal of a Contract ...
https://work.chron.com/write-letter-regarding-renewal-contract-7617.html
Mar 28, 2018 · When it comes time to renew your contract, you may find yourself wanting to make adjustments to the existing conditions. As part of the pre-contract negotiation process, comb the fine print in your existing document and make note of the items that are dated, no longer relevant or that need altering.