COLA RELEASE
A cost of living allowance is paid on the basis of 1 (one) cent per hour for each .125 increase in the Consumer Price Index (1981 = 100).
The Consumer Price Index for April 2019 was 274.8. The Consumer Price Index for July 2019 was 276.8. Therefore, the Cost of Living Allowance generated would be an increase of 16 cents.
As a result, effective September 1, 2019 (paid October 1, 2019 for salaried), the total C.O.L.A. payable will be $.16 per hour.
