Cost Of Living Adjustment 2024 Seattle Wa. The increase is according to the employment security department’s findings that the average annual wage in washington state increased from $82,508 in 2021 to $84,167.00 in 2022. A cost of living adjustment (cola) is a change to your monthly pension benefit after you retire.
The program pays roughly $1.4 trillion in benefits to more than 71 million people. That’s lower than the 2023 cola.
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