Cost Of Living Clause

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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 the ...

What Is A Cost Of Living Adjustment (COLA) Clause? Law ...

https://www.cardozofamilylaw.com/family-law-faq-archives/what-is-a-cost-of-living-adjustment-cola-clause/

A Cost of Living Adjustment is mandatory in some states, but not in all, and specific requirements for such a provision depend on the jurisdiction. However, in most jurisdictions, the clause must contain the date the adjustment will become effective and the COLA index that will be applied.Location: 1147 Easton Rd, Abington, 19001, PA

Cost-of-living Clause Law and Legal Definition USLegal, Inc.

https://definitions.uslegal.com/c/cost-of-living-clause/

Cost-of-living clause is a provision in a contract or lease. The cost-of-living provision provides an automatic wage, rent, or benefit increase tied in some way to cost-of-living rises in the economy. A cost-of-living clause may also cover a decrease, even though this is uncommon.

Cost Of Living Clause Legal Definition Merriam-Webster ...

https://www.merriam-webster.com/legal/cost%20of%20living%20clause

Legal definition of cost of living clause: a clause in an agreement (as a collective bargaining agreement) that provides for increase of payments (as wages) made under the agreement in some proportion to the increase in the cost of living.

Cost Of Living Clause - FindLaw

https://dictionary.findlaw.com/definition/cost-of-living-clause.html

Cost Of Living Clause cost of living clause n : a clause in an agreement (as a collective bargaining agreement) that provides for increase of payments (as wages) made under the agreement in some proportion to the increase in the cost of living Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated.

Cost of Living Increase Sample Clauses - Law Insider

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

Cost of Living Increase. The annual base salary set forth in Section 5(a) shall be adjusted annually in an amount equal to the increase in the cost of living during the preceding annual period.At no time shall the annual base salary be adjusted to an amount lower than the previous year's annual base salary. The first cost of living adjustment shall be effective as of January 1, 2001, and shall ...

Cost-of-Living Adjustment (COLA) Definition

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

Sep 22, 2020 · Cost-of-living adjustments are typically equal to the percentage increase in the consumer price index for urban wage earners and clerical workers (CPI-W) for a …

Cost-of-living Adjustment (COLA)

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 …

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 ...

Consumer Price Index, Seattle area — August 2020 : Western ...

https://www.bls.gov/regions/west/news-release/ConsumerPriceIndex_Seattle.htm

Food. Food prices advanced 0.8 percent for the two months ending in August. (See table 1.)Prices for food away from home advanced 2.5 percent, but prices for food at home declined 0.5 percent for the same period, led by declines in other food at home (-2.7 percent), and meat poultry, fish and eggs ( …