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Cost Of Living Adjustment- An upward adjustment to wages to offset increases in cost of living, based on the Consumer Price Index, which is calculated monthly by the US Department of Labor and adjusted to an annual percentage rate.
Ãâó: www.fm.cornell.edu/grounds/html/retirement_termino...
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Periodic pay adjustment to compensate workers for changes in the cost of living. COLA is usually geared to changes in the Consumer Price Index (CPI).
Ãâó: www.yourpowerinside.com/definitions.htm
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The change (usually an increase) in wages or pension benefits to keep pace with the change in the cost of living due to inflation.
Ãâó: www.summitfunds.com/InvestorEducation/Glossary.asp...
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Under most Defined Benefit Plans, the Plan will from time to time after the parties begin to receive benefits, increase the monthly benefit to adjust for inflation. Under California law the Former Spouse is entitled to their pro rata share of these Cost of Living Adjustments unless they are specifically waived by the Former Spouse.
Ãâó: www.qdropros.com/glossary.html
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The Cost of Living Adjustment is used to adjust future benefits such as those from some pension plans or disability insurance on an annual basis in order to keep pace with inflation.
Ãâó: www.mycititrade.com/strategies/educated/glossary.h...
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