Cost Of Living Increase Clause

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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 ...

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/

The intent of a Cost of Living Adjustment clause is to increase support (spousal or child) as the costs of living rise, without having to make a motion to the court for future increases (post-divorce modification). Without such a clause, a party receiving maintenance must make a motion for an increase in payment to balance his or her growing ...Location: 1147 Easton Rd, Abington, 19001, PA

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)

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 …

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 …

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

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). During the late 1970’s and early 1980’s, when inflation was in the double digits, COLA ...

Establishing and Calculating Child Support FAQ Nolo

https://www.nolo.com/legal-encyclopedia/establishing-calculating-child-support-faq.html

A COLA clause in a child support order means that payments are to increase annually at a rate equal to the annual cost of living increase, as determined by an economic indicator (such as the Consumer Price Index). Some judges include COLAs in their orders when setting child support.

Alimony Can Be Changed After Divorce—Here's How

https://www.mydomaine.com/reasons-to-request-a-modification-of-alimony-1102808

Mar 03, 2020 · Cost of Living Adjustment (COLA) Clause . A cost of living adjustment clause in your original divorce decree means that spousal support/alimony payments will increase at a rate equal to the annual cost of living. Including a COLA clause in your original decree will keep down the need to have to modify the spousal support/alimony.

Quiz #8: Chapter 9 Flashcards Quizlet

https://quizlet.com/342892160/quiz-8-chapter-9-flash-cards/

Cost-of-living adjustment clauses (COLAs): invalidate the "rule of 70." apply only to demand-pull inflation. increase the gap between nominal and real income. …

Sec. 518A.75 MN Statutes

https://www.revisor.mn.gov/statutes/cite/518A.75

A court may waive the requirement of the cost-of-living clause if it expressly finds that the obligor's occupation or income, or both, does not provide for cost-of-living adjustment or that the order for maintenance or child support has a provision such as a step increase that has the effect of a cost-of-living clause.