New York Family Law: What is the Cost of Living Adjustment?

Rincker Law Family/Matrimonial Law, Uncategorized Leave a Comment

Cost of Living Adjustment (“COLA”) refers to when child support is increased based on the annual cost of living. If the cost of living, pursuant to the Consumers Price Index for all urban consumers (CPI-U), as published annually by the United States Department of Labor Statistics, increases by at least 10% then an adjustment may be made. It is important …

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