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August 1 Raise.
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<blockquote data-quote="JL 0513" data-source="post: 5331501" data-attributes="member: 50088"><p>So today, the latest inflation rate was reported. Now an even higher 9.1%.</p><p></p><p>I forgot how our COLA adjustment works in terms of time period that it looks at. Seems COLA we get August 1 was determined at least a couple of months ago. I would assume it's on an annual basis and these last couple months will figure into next years COLA?</p></blockquote><p></p>
[QUOTE="JL 0513, post: 5331501, member: 50088"] So today, the latest inflation rate was reported. Now an even higher 9.1%. I forgot how our COLA adjustment works in terms of time period that it looks at. Seems COLA we get August 1 was determined at least a couple of months ago. I would assume it's on an annual basis and these last couple months will figure into next years COLA? [/QUOTE]
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