Cost Of Living Adjustment Canada Definition

Searching for Cost Of Living Adjustment Canada Definition information? On our website, we have collected a lot of different data on the cost of living. You will find links to both official statistics and people's impressions. Below are the most relevant links to Cost Of Living Adjustment Canada Definition data.

Cost-of-Living Adjustment (COLA) Definition

https://www.investopedia.com/terms/c/cola.asp

Sep 22, 2020 · A cost-of-living adjustment (COLA) is an increase in Social Security benefits to counteract inflation. Inflation is measured using the consumer price index for …

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. The Social Security Administration has put in ...

COST OF LIVING ADJUSTMENT meaning in the Cambridge ...

https://dictionary.cambridge.org/dictionary/english/cost-of-living-adjustment

cost of living adjustment definition: an increase in a person's wages, pension, etc. that is made once a year according to how much the…. Learn more.

Cost-of-living adjustment definition and meaning Collins ...

https://www.collinsdictionary.com/us/dictionary/english/cost-of-living-adjustment

Cost-of-living adjustment definition: an adjustment to pay which takes account of a change in the cost of living Meaning, pronunciation, translations and examples

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 (COLA) is an increase in benefits or salaries to counteract inflation. Inflation for the Social Security COLA is calculated annually using the Consumer Price Index for ...

Cost of Living Adjustment (COLA) Definition Canadian ...

https://www.superbrokers.ca/library/glossary/terms/cost_of_living_adjustment.php

cost of living adjustment (COLA) 1. A system where salaries and benefits adjust to keep pace with inflation and changes in the cost to live based on an index such as the Consumer Price Index. Cost of living adjustments are generally made annually, and they are used in …

Cost of Living Adjustments - definition of Cost of Living ...

https://www.thefreedictionary.com/Cost+of+Living+Adjustments

Cost of Living Adjustments synonyms, Cost of Living Adjustments pronunciation, Cost of Living Adjustments translation, English dictionary definition of Cost of Living Adjustments. n. Abbr. COLA An adjustment made in wages that corresponds with a change in the cost of living

Role of the Cost-of-Living-Adjustment clauses ... - canada.ca

https://www.canada.ca/en/employment-social-development/services/collective-bargaining-data/reports/role-of-cola.html

The increments are subject to adjustments to the increase in the cost of living as measured by the consumer price index (CPI). During the late 1970’s and early 1980’s, when inflation was in the double digits, COLA clauses were a common feature in most collective bargaining settlements (Statistics Canada …

Cost-Of-Living Adjustment (COLA)

http://www.ssa.gov/OACT/COLA/colasummary.html

Since 1975, Social Security's general benefit increases have been based on increases in the cost of living, as measured by the Consumer Price Index. We call such increases Cost-Of-Living Adjustments, or COLAs. We determined a 1.6-percent COLA on October …

Cost of Living Adjustment Sample Clauses

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 the ...