Cost Of Living Adjustment Contract Language

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Cost of Living Adjustment Sample Clauses

https://www.lawinsider.com/clause/cost-of-living-adjustment

Cost of Living Adjustment. Following the first year of the Initial Term, unless the parties shall otherwise agree pursuant to Section 12.1 hereof, the Complex Base Fee for the services shall be increased annually by the percentage increase for the twelve-month period of such previous calendar year of the CPI-W or, in the event that publication of such index is terminated, any successor or ...

Cost-of-living Adjustment (COLA) - inflationdata.com

https://inflationdata.com/articles/cost-of-living/costofliving-adjustment-cola/

Sep 11, 2020 · According to a study by the U.S. Bureau of Labor Statistics (BLS) Cost-of-living Adjustments (COLAs) clauses have fallen out of favor in many collective bargaining contracts lately with only 22% of contracts in private industry containing cost of living increase escalators in 1995 compared to 61% in 1976.

Cost-of-Living Adjustment (COLA) Definition

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

Sep 22, 2020 · Understanding Cost-of-Living Adjustment (COLA) Because inflation was high during the 1970s, compensation-related contracts, real estate contracts, and government benefits used COLAs to protect ...

Cost-of-Living Adjustment Clauses in Union Contracts

https://www.nber.org/papers/w0998

Cost-of-Living Adjustment Clauses in Union Contracts Ronald G. Ehrenberg, Leif Danziger, Gee San. NBER Working Paper No. 998 (Also Reprint No. r0440) Issued in October 1982 NBER Program(s):Labor Studies. Our paper seeks to provide an explanation for why the prevalence of COLA provisions and their characteristics vary widely across U.S. industries.Cited by: 31

CPI Adjustment Sample Clauses

https://www.lawinsider.com/clause/cpi-adjustment

CPI Adjustment. The Licence Fees set out in Clauses 5.3 and 5.4 shall be annually adjusted in accordance with the increase in the United States of America Consumer Price Index in the period from the first anniversary of the Effective Date to the date on which the payment is made.For the purposes of this Agreement, the Index at a particular time shall be the Index most recently published by the ...

Role of the Cost-of-Living-Adjustment clauses during low ...

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

Introduction. The Cost-of-Living-Adjustment (COLA) clauses allow increases in wages at specified intervals during the life of a contract. The increments are subject to adjustments to the increase in the cost of living as measured by the consumer price index (CPI).

Cost-of-Living Adjustment (COLA) Information SSA

https://www.ssa.gov/news/cola/

Read more about the Social Security Cost-of-Living adjustment for 2020. The maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $137,700. The earnings limit for workers who are younger than "full" retirement age (age 66 for people born in 1943 through 1954) will increase to $18,240.

Protection in Contract Language - Rising Materials Costs ...

https://www.forconstructionpros.com/business/business-services/article/12277514/protection-in-contract-language-rising-materials-costs

Nov 08, 2016 · If contractors do not alter the language in their contracts to take cost increases that may occur during the term of a contract into account, they may be forced to assert difficult legal arguments ...

Inflation Adjustment Clause Definition The Business ...

https://thebusinessprofessor.com/lesson/inflation-adjustment-clause-definition/

Oct 09, 2020 · Cost-of-living clauses in union contracts: determinants and effects, Hendricks, W. E., & Kahn, L. M. (1983). ILR Review, 36(3), 447-460. According to the hypothesis carried out between 1969 and 1981, the primary influencer of the incidence and the strength of cost of living adjustment (COLA) clauses in U.S manufacturing industries and the ...