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Because COLAs for retirees do not reflect increases in the productivity of people who are still in the work force, COLAs do not make retirees financially better off.
The COLAs for both Social Security and civil service pensions are based on the rate of inflation as measured by the CPI.
Mr. Fraleigh had been vice president for marketing of colas for the soft-drink and snacks company, a G.M. spokeswoman, Peg Holmes, said.
Anyone who puts in 20 years can receive payments immediately and look forward to annual cost-of-living adjustments, or COLAs, for life.
[Excerpt] Pay increases for current federal employees and cost-of-living adjustments (COLAs) for retired federal employees often differ because they are based on changes in different economic variables.
Congress has linked COLAs for Social Security and federal retirement benefits to the rate of increase in the prices of goods and services to protect retirement income from losing purchasing power through the effects of inflation.
Similar(42)
Harriet Tolve, a spokeswoman for Coca-Cola in Elmsford, N.Y., said, "The machinery he has to offer Coca-Colas for a nickel is antiquated because we don't offer premix".
Let's take Coca-Cola for instance.
Think about Coca-Cola for a moment.
She has been cooking with Coca-Cola for years.
Coca-Cola, for example, is a product without a patent.
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