Maine Cost Of Living Adjustment

Searching for Maine Cost Of Living Adjustment 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 Maine Cost Of Living Adjustment data.

INFORMATION FOR ANNUAL ADJUSTMENTS OF THE ... - …

https://www.maine.gov/wcb/Departments/claims/cola/2020_Cost_of_Living.pdf

Employees at maximum at the time of injury receive their cost of living adjustments on July 1. New maximums are effective August 1 beginning in 1988. If an employee is at maximum at the time of the injury, his/her comp rate (2/3 AWW, as adjusted) is adjusted on July 1st, but is subject to the Maximum Benefit Level. Min - $25.

Cost of Living Adjustment (COLA) - MainePERS

https://www.mainepers.org/Retired%20Members/COLA-2.htm

7 rows · Cost-of-Living Adjustment (COLA) The Legislature made several changes to the way that …

Title 5, §18407: Cost-of-living adjustment to retirement ...

http://legislature.maine.gov/statutes/5/title5sec18407.html

6. Eligibility. Cost-of-living adjustments under subsection 4 must be applied to the retirement benefits of all retirees who have been retired for at least 6 months before the date that the adjustment becomes payable. Beneficiaries of deceased retirees and members are eligible for the cost-of-living adjustment at the same time the deceased ...

MainePERS.org

https://www.mainepers.org/Homepage.htm

Information about Upcoming Rulemaking. can be found here. Annual Cost-of-Living Adjustment (COLA) On August 13, 2020, MainePERS Board of Trustees adopted the 0.6% Consumer Price Index - Urban Consumers (CPI-U) rate compiled by the U.S. Department of Labor’s Bureau of Labor Statistics on June 30, 2020, as the basis for 2020 cost-of-living adjustment (COLA) for all pension plans to which it …

Title 5, §17806: Cost-of-living adjustment to retirement ...

http://legislature.maine.gov/legis/statutes/5/title5sec17806.html

3. Eligibility. Cost-of-living adjustments under this section must be applied to the retirement benefits of all retirees who have been retired for at least 12 months before the date that the adjustment becomes payable, except that a member who has less than 10 years of creditable service on July 1, 1993 may not receive a cost-of-living adjustment until at least 12 months after reaching normal ...

The Cost of Living in Maine: How Does it Stack Up Against ...

https://www.movoto.com/guide/me/the-cost-of-living-in-maine-how-does-it-stack-up-against-the-average-salary/

And it only gets worse. According to the Bangor Daily News, the cost of living in Maine is about 13 percent higher than the national average, and other sources put that above 15 percent. Childcare is more expensive here, as are healthcare, housing, taxes, and transportation. There are a …