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 ?
Discover the best in-class innovation examples of adult soft drinks from around the world.
The consumption of soft drink per capita in China is lower than that in developed countries; that in rural residents is much lower.
As illustrated in Soft Drinks + Orthodontic Treatment = A Recipe for Disaster, a wide variety of soft drinks are potentially harmful to tooth enamel.
79, comparing those who consumed more than half a litre of soft drink per day with those who did not consume soft drinks.
Natural sodas are meeting the growing market for soft drinks with reduced refined sugar content, offering many people a transition from or alternative to the mainstream drinks many of us have grown up on.
John McLave, manager of the Fat Cat Cafe Bar in Llandudno, said his company, which owns similar pubs throughout the country, has always displayed the price of its soft drinks.
Healthy diets and the consumption of soft drinks should be addressed by children, families, and educators.
We do not trivialize our loss of ground," he says, but argues that the company is positioning itself for a comeback in the longer term, making the changes now in beer that were earlier introduced for soft drinks, and which he says will pay off in the end.
Ortiz's original soda bill would have levied a 2-cent tax on soft drinks in order to raise $342 million a year for schools that agreed to stop selling soda on campus and to pay for nutritional and student physical education programs.
If you're a 12-year-old boy, you're in the group of the biggest soft drink consumers in the nation
Is it soda's refreshing taste--or is it the way a caffeinated soft drink can make you feel: energized, alert, even ready to tackle your homework?
The soft drink category is one of the major battlegrounds in the competitive war between supermarkets and alternative low-price formats.