COLA
COLA means the cost-of-living adjustments. Legislation to enact COLA passed in 1973. COLA is intended to offset inflation and a formula is set to determine how much the amount rises or drops each year.
COLA means the cost-of-living adjustments. Legislation to enact COLA passed in 1973. COLA is intended to offset inflation and a formula is set to determine how much the amount rises or drops each year.
