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Cola raises are linked to

Updated: 10/27/2022
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Bertidep

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10y ago

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The Cola raises is linked to high inflation rate and the high cost of living.

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What are cola raises linked to?

Your gross income


A cola automatically raises the wage rate when?

When the consumer price index increases


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Cost of living raises for military retirees are determined by the annual cost of living adjustment (COLA) set by the government. This adjustment is based on the Consumer Price Index (CPI) and is meant to help retirees keep up with inflation. The exact amount of the raise varies from year to year and is not guaranteed to keep pace with all increases in living expenses.


When was Cola Cola jazz created?

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