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Get the free Cost of Living Adjustments (COLA) Payment and Reimbursement

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CIRCULAR LETTER NO. 351 TO:All Interested PersonsFROM:Linda Edmonds Turner, Director RE:Cost of Living Adjustments (COLA) Payment and Reimbursement Schedules & Requests; Maximum and Minimum Weekly
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Cost of living adjustments are changes made to income or benefits to account for inflation or changes in the cost of living.
Individuals or organizations who provide income or benefits subject to cost of living adjustments are required to file.
Cost of living adjustments are typically filled out using a specific form provided by the governing body overseeing the adjustments. The form will require details such as income or benefit amounts and the applicable adjustment percentages.
The purpose of cost of living adjustments is to ensure that individuals or organizations receiving income or benefits are able to maintain their purchasing power despite inflation or changes in the cost of living.
Information such as current income or benefit amounts, previous adjustment percentages, and any other relevant financial details must be reported on cost of living adjustments.
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