What Is A Cost-Of-Living Agreement

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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 …

Cost-of-Living Adjustment (COLA) - The Balance Careers

https://www.thebalancecareers.com/cost-of-living-adjustment-1669445

May 05, 2019 · Michael Roberts Updated May 05, 2019 A cost-of-living adjustment (COLA) is an increase in salary or annuity usually based on an objective measure that estimates how much additional money a typical person or household needs to maintain their standard of living. Inflation acts against the buying power of every dollar.

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.

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/

When there is a divorce is it common for the maintenance (spousal support, child support) agreement to contain a Cost of Living Adjustment (COLA) provision. 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 …Location: 1147 Easton Rd, Abington, 19001, PA

Cost-of-living Adjustment (COLA)

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

Sep 11, 2020 · Cost-of-living Adjustment (COLA) Many pension benefits, employment contracts and government entitlements (such as Social Security) contain a cost of living clause such as a Cost of Living Adjustment (COLA) that increases payments based on changes in the cost-of-living index. Adjustments are typically made annually.

Cost of Living Sample Clauses - Law Insider

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

Cost of Living. A cost of living adjustment will be determined in accordance with the changes of the Consumer Price Index (CPI) for Urban Wage Earners and Clerical Workers, issued by the Bureau of Labor Statistics of the U.S. Department of Labor, between said Index as of December 1997 and December 1998.

How Does a Cost-of-Living Adjustment (COLA) Affect My Salary?

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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 …

Cost of living economics Britannica

https://www.britannica.com/topic/cost-of-living

Cost of living, monetary cost of maintaining a particular standard of living, usually measured by calculating the average cost of a number of specific goods and services required by a particular group. The goods and services used as indexes may be the minimum necessary to preserve health or may be what is considered average for a given income group, depending on the purposes of the index.