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MEMORANDUM To: YES Program Administrators & Staff Health Wave Clearinghouse Staff From: Sandra Simmons, SRS Benefit Sections Manager Jeanine Schieferecke, KDHE-DHCF Senior Eligibility Manager Date:
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Begin by writing your personal details, such as your name, address, social security number, and contact information.
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Follow the instructions provided on the form to accurately enter your income and deductions for the year 2012.
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What is cola?
Cola is a cost-of-living adjustment, which is an increase in wages or benefits to offset the cost of inflation.
Who is required to file cola?
Employers or benefit providers are required to file cola for their employees or beneficiaries.
How to fill out cola?
Cola can be filled out by calculating the appropriate adjustment based on the consumer price index or other inflation indicators.
What is the purpose of cola?
The purpose of cola is to ensure that wages and benefits keep up with the rising cost of living.
What information must be reported on cola?
Cola must report the current wages or benefits, the adjustment made, and the effective date of the adjustment.
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