Getting The COLA Means You Can Afford More Cola

, , , , | Related | June 11, 2018

(My mother, some relatives, and I are having a discussion at a family gathering. My mother, a retired state employee now living out of state, is questioning us about the status in the state legislature of a bill increasing her pension to compensate for the increased cost of living. In jest, she pounds on the table and demands her increase. Next thing we know, another relative, not part of the discussion, puts a drink in front of her.)

Mother: “What’s this?”

Relative: “The coke you were demanding.”

(My mother and I burst out laughing. Our discussion had used the acronym for Cost Of Living Adjustment: COLA!)

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