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COLA |
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The amount may seem trivial, Smith said, but it just about wipes out the cost of living allowance she expects in Social Security and disability payments in January. 75 percent increase if the state Cost of Living Allowance falls below 2 percent, or a 2 percent increase if the COLA is at 2 percent or above. Dozens of other local school districts passed on the cost of living allowance to teachers by raising their pay up to 5 percent. |
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