The IRS has released cost of living adjustments
for pension plans and other items for tax year 2005.
Massachusetts voters previously eliminated rent control throughout the state in a 1994 referendum, but resident advocates had placed a proposal on the November ballot that, if passed (and if it had been approved by the state legislature), would have frozen Cambridge rents at September 2002 levels before lowering them to the February 1999 level with inflation and cost of living adjustments
An expert commission on the seemingly arcane matter of cost of living adjustments
issued a report late last year concluding that government statistics exaggerate increases in overall consumer prices.
At the time, the annual Cost of Living Adjustments
had broad bipartisan support.
Benefit cuts - most likely in terms of higher retirement ages, lower cost of living adjustments
, and more benefits taxation - are inevitable.
During an extensive community budget process, our citizens affirmed that Pay for Performance, not automatic cost of living adjustments
, was the appropriate way to compensate high achieving employees.
employers award cost of living adjustments
(COLA) to employees.
Despite annual Social Security cost of living adjustments
, Colorado's personal needs allowance last increased 12 years ago.