COLA

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Cost-of-Living Adjustment

An increase to a wage, salary, or pension designed so that the real value remains the same. That is, a cost-of-living adjustment increases the underlying wage, salary, or pension so that it keeps pace with (but does not run ahead of) inflation. Federal pensions and Social Security include cost-of-living adjustments, though few other pensions do.

Cost-of-living adjustment (COLA).

A COLA results in a wage or benefit increase that is designed to help you keep pace with increased living costs that result from inflation.

COLAs are usually pegged to increases in the consumer price index (CPI). Federal government pensions, some state pensions, and Social Security are usually adjusted annually, but only a few private pensions provide COLAs.

COLA

(pronounced like the beverage) See cost-of-living adjustment.

References in periodicals archive ?
She advised that cola drinks come across to be good toilet cleaner because they contain carbonic, citric and phosphoric acids.
A Caffeine, found in coffee and cola drinks, acts as a stimulant and can improve alertness and feelings of energy, and counter the effects of fatigue.
Coffee and cola drinks are rich in caffeine - a known stimulant.
Moderate consumption of cola drinks is completely safe and people can continue to enjoy such drinks as part of a balanced diet and active lifestyle.
Caffeine reduces the body's ability to absorb vitamins so reduce tea, coffee and cola drinks.
To stay awake at night, I love coffee (typical Seattle-ite) and diet cola drinks that are higher in caffeine.
AFTER endorsing products as varied as cola drinks, vests and jeans -- all of which required Akshay Kumar to perform cool stunts in the ads -- the actor has decided to endorse a non- banking gold loan company.
No chance, we are talking salt 'n' vinegar crisps, choccie biscuits and cola drinks.
Patch testing elicited positive reactions to balsam of Peru (a fragrance as well as a flavoring agent put in cola drinks that cross-reacts with orange juice) and cinnamic aldehyde.
He was apprehended behind a trash bin, but the Red Bull and a case of the cola drinks had already been consumed.
Now experts at Tufts University have suggested that the phosphoric acid in cola drinks might be the culprit.
Watson said he had eaten a big meal, including a large bowl of spaghetti bolognese and several cola drinks, immediately before going on stage.