Posted inPersonal Finance

Governor Hogan Announces 4.5% Cost of Living Adjustment Increase For All State Employees

ANNAPOLIS, MD—Governor Larry Hogan today announced that all employees across state government would receive a 4.5% cost of living adjustment (COLA )increase— effective November 1, 2022—as part of a series of measures to enhance statewide workforce recruitment and retention efforts. The governor’s action follows official budget projections from the Board of Revenue Estimates showing that […]