COLA. An annual adjustment in wages to offset a change (usually a loss) in purchasing power, as measured by the Consumer Price Index. The Consumer Price Index is used rather than the Producer Price Index because the purpose is to offset inflation as experienced by the consumer, not the producer.
Related information about Cost of Living Adjustment:
- Cost-Of-Living Adjustment (COLA)
Oct 16, 2012 ... We call such increases Cost-Of-Living Adjustments, or COLAs. We determined a 1.7-percent COLA on October 16, 2012. We will announce the ...
- Cost-of-Living Adjustment (COLA) Information
Oct 16, 2012 ... The 1.7 percent cost-of-living adjustment (COLA) will begin with benefits that more than 56 million Social Security beneficiaries receive in ...
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Oct 16, 2012 ... The latest COLA is 1.7 percent for Social Security benefits and SSI payments. Social Security benefits will increase by 1.7 percent beginning ...
- Cost of living - Wikipedia, the free encyclopedia
1 Cost-of-living Adjustment (COLA); 2 CPI is not a COLA; 3 Worldwide Cost of ... A Cost of Living Allowance (COLA) adjusts salaries based on changes in a ...
- Cost Of Living Adjustment (COLA) Definition | Investopedia
An adjustment made to Social Security and supplemental security income in order to adjust benefits to counteract the effects of inflation. COLAs are generally ...
- Cost of Living Calculator: Compare prices in two cities - CNNMoney
Thinking of moving? CNNMoney shows how far your salary will go in another city with our cost of living calculator.
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Jul 12, 2012 ... Stan Hinden discusses the possibility of a cost-of-living adjustment in 2013. The Social Security Administration has predicted an increase of 1.8 ...
- GOP blocked cost-of-living adjustment for veterans - Washington Post
Sep 27, 2012 ... An unnamed Republican prevents the cost-of-living legislation from passing a Senate committee.