A price-of-living adjustment (COLA) is a periodic enhance in wages or salaries designed to offset the consequences of inflation on buying energy. For public sector staff in Maryland, these changes assist keep the true worth of their compensation over time. A projected adjustment for the 12 months 2025 would symbolize an anticipated enhance utilized to the bottom salaries of eligible state staff.
Common changes for inflation are necessary for sustaining worker morale and attracting certified people to public service. They supply a measure of economic stability for state staff going through rising prices for important items and providers. Traditionally, these changes have been applied by the Maryland state authorities with various percentages primarily based on financial circumstances and accessible finances sources.