Establishes annual cost of living adjustment based on Consumer Price Index for certain children, youth, and family services organizations.

This bill requires annual cost-of-living adjustments for contracts between New Jersey's Department of Children and Families (DCF) and social service organizations providing child and family services. It mandates that contract payments increase each October 1 based on the previous year's Consumer Price Index (CPI), as reported by the U.S. Department of Labor. The adjustment applies to organizations delivering services through DCF contracts, including those partially or fully funded by state Medicaid. This change aims to ensure these organizations can maintain staff compensation as living costs rise, without altering existing service delivery structures.