Juliana Okah - My Sorrow Is Over COLA Cost of Living Adjustment. An annual adjustment in wages to offset a change (usually a loss) in purchasing power, as measured by the Consumer Price Index. The Consumer Price Index is used rather than the Producer Price Index because the purpose is to offset inflation as experienced by the consumer, not the producer. For example to counteract the effect of inflation, COLA is made to Social Security and supplemental wages to offset the change. PRIVATE AND PUBLIC SECTORS ARE INVITED TO FULLY SPONSOR THE CREATES LIMITED MANAGING SUSTAINABLE GROWTH LONDON 2015 EVENT & ALL INVITES TO THE CREATES LIMITED MANAGING SUSTAINABLE GLOBAL GROWTHS UNITED KINGDOM@ £2,000 each Early Birds @£1,500 each by 30 Nov 2014 BARCLAYCARD ACCEPTED www.google.com/+OsagumwengieJesuorobo/posts EVENT PAGES.