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INFORMATICS DEVELOPMENT T AGENCY Digitally signed by INFORMATICS DEVELOPMENT AGENCY Date: 2015.05.15 15:02:42 BEST Reason: Location: Athens : 969 :. 01/2015 18 2015 10:00
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What is cola?
Cola stands for Cost of Living Adjustment. It is an increase in income to counteract the effects of inflation.
Who is required to file cola?
Employers or organizations responsible for providing income adjustments based on cost of living changes.
How to fill out cola?
Cola can be filled out by submitting the necessary forms and documents to the appropriate authority or department.
What is the purpose of cola?
The purpose of cola is to help ensure that individuals' incomes keep pace with the rising cost of goods and services due to inflation.
What information must be reported on cola?
Information such as current income levels, cost of living index, and proposed adjustments must be reported on cola.
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