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This benefit carries with it an automatic cost of living allowance.
Cost of living allowance is equal to the nominal interest minus the real interest rate.
The determination of cost of living allowances causes more problems than any of the others.
They had backed up huge demands for cost of living allowances and then found that they had to find the money.
TDC pushed hard for an unlimited cost of living allowance clause and it was won.
"Cost of living allowances, guaranteed annual wages and supplemental unemployment benefits were first introduced by the United Auto Workers," he said.
Old age pensions were increased and cuts imposed in 1989 on public-sector salaries were restored together with some cost of living allowance arrears.
With growing worker agitation over cost Of living allowances, the Department of Labor was established on 1 October 1942.
Employees are eligible for a cost of living adjustment (Cost Of Living Allowance) if they meet certain criteria.
A Cost of Living Allowance (COLA) adjusts salaries based on changes in a cost-of-living index.
Cost of Living Allowance (U.S. Military)
There are States that have introduced cost of living allowances, heating and rent subsidies, and that were able to afford that because of consolidation in the past.
But for the artists, students and scholars who flocked to Rome because the city offered inspiration at a relatively low cost, there is no such thing as a cost of living allowance.
Cost-of-living raises are also known as cost of living adjustments (COLAs), cost of living allowances and escalator clauses.
Housing allowances invariably form a separate part of the remuneration policy (although it is surprising how many employers do not take them into account when determining cost of living allowances).
On 15 March, he also issued further royal decrees to add a "cost of living allowance" to all military and security apparatus as well as all government units in Oman.
Other payments on top can include premiums for foreign service (often termed inducement payments), hardship allowances, cost of living allowances, housing allowances, tax equalisation payments and bonuses.
Other kinds of pay including Cost of Living Allowance, Overseas Housing Allowance, incentive pay, bonus pay, or hazardous duty pay may be included.
Cost of Living Allowance (COLA) is a United States military entitlement given to military servicemen and women living in high cost areas or stationed overseas.
The salary for a TSO is currently $25,518 to $38,277 per year, not including locality pay (contiguous 48 states) or cost of living allowance in Hawaii and Alaska.
COLA (Cost Of Living Allowance): Non-taxable money paid monthly to offset the additional costs of living in a particular location, usually an overseas location.
Unlike Social Security, which offered Cost of Living Allowances from 1975 until 2009 and again in 2013, TRS has not provided a COLA to its annuitants since 2001.
Threatening the cost of living allowance with the changing of the base year from 1971 to 2002 was also one of the main reasons that the Stelco Lake Erie Works employees went on lockout.
He predicted a $7 billion to $10 billion deficit in the next 18 months and proposed a freeze on all increases in cost of living allowances and state salaries and a reduction in welfare payments.
Since 1948, Federal employees in the non-contiguous areas of the U.S. have received Non-Foreign Cost of Living Allowances (COLA) to reflect the high cost of living.
In 1942, the rates paid for means-tested benefits were increased with a 5% cost of living bonus when it was noted by the government that inflation was eroding the real value of social security benefits.