A Cost of Living Increase is also known as Cost of Living Allowance or COLA. The aim of the COLA is to adjust wages for inflation.<\/p>\n
Workers who receive temporary total, permanent total or death benefits pursuant to an Award are entitled to a COLA effective October 1 of each year if the date of the accident is prior to July 1 of that year and if the combination of compensation and Social Security benefits are less than 80% of the pre-injury earnings.<\/p>\n
Cost of living increases must be specifically requested by the employee. They are not automatically generated. You may be able to ask for a COLA online, but usually the Commission will send you a form that you must have signed by someone at the Social Security Administration vouching that you are not receiving SSDI.<\/p>\n
A skilled Virginia workers\u2019 compensation<\/a> attorney makes sure clients make timely COLA requests each year.<\/p>\n When considering an overall settlement of you benefits, it is important to make the proper necessary adjustments for inflation.<\/p>\n Virginia workers\u2019 compensation attorney <\/strong>Joe Miller has the experience and skills to professionally handle each part of your work injury case. He understands the full legal issues and the practical issues in Virginia worker’s compensation cases. He has helped thousands of clients during his 25 plus years of work get the full benefits they earned. He fights aggressively for each and every client no matter the size and scope of the injuries. Make the call today by phoning Joe Miller at 888-694-1671<\/a><\/strong> or ask for Joe Miller by email jmiller@joemillerinjurylaw.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" A Cost of Living Increase is also known as Cost of Living Allowance or COLA. The aim of the COLA is to adjust wages for inflation. Workers who receive temporary total, permanent total or death benefits pursuant to an Award are entitled to a COLA effective October 1 of each year if the date of … <\/p>\nGet all the work injury benefits you deserve.<\/strong><\/h2>\n