Cost of Living Adjustment - FY24

In July, eligible Middle Georgia State employees will begin receiving a $2,000 Cost of Living Adjustment (COLA) recently approved by Governor Brian Kemp and state legislators.

Who Is Eligible?

The $2,000 salary adjustment is for all active, regular, benefits-eligible faculty and non-academic staff at Middle Georgia State. Employees not receiving benefits, including temporary workers and those working less than 30 hours per week, are not eligible for the increase.

What is the effective date of the COLA salary adjustment?

The adjustment is effective July 1, 2023. Eligible employees will receive the $2,000 COLA if they are actively employed on or before July 1st.

  • Those hired after July 1st will not be adjusted and institutions should appropriately review and offer compensation as appropriate.

When Will Payments Be Issued?

  • Eligible employees paid biweekly will see the increase in their July 14th paycheck
  • Eligible employees paid monthly will see the increase in their July 31st paycheck

How Will The Increase Be Distributed?

The $2,000 adjustment for FY24 will be applied and appropriately distributed across the pay calendar.The salary increase is subject to all applicable FICA taxes, federal income tax, and state income tax.

Eligibility FAQS

 

Timing and Pay FAQs