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Employee Benefits > Cost Of Living Adjustment (COLA)

The following information is about Cost Of Living Adjustment (COLA).

Cost Of Living Adjustment (COLA) Defined

An increase (or decrease) in wages or benefits according to the rise (or fall) in the cost of living as measured by some index, often the Consumer Price Index (CPI).

This definition is in context to Employee Benefits. See more contextual defintions for Cost Of Living Adjustment (COLA).


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