A systematized adjustment of Social Security benefits to keep up with inflation.
An annual adjustment in wages to offset a change 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.
A monetary increase based on current economic trends. Some decedent estate values are adjusted annually according to this factor.
A cost of living adjustment is an increase in the amount of payments -- i.e., for spousal support -- that occurs annually. The adjustment is normally based on the Consumer Price Index for your city or province. When spousal support is awarded for an indefinite period, there is usually a COLA clause.
An increase in monthly pension benefits given at the direction of the Legislature in an effort to help benefits keep pace with inflation.
An annual adjustment in wages to offset a change (usually a loss) in purchasing power, as measured by the Consumer Price Index.
an increase in wages that is designed to match increases in prices of items purchased by the typical household
An increase (or decrease) in wages or benefits according to the rise (or fall) in the cost of living as measured by some index, often the Consumer Price Index (CPI).
Under most Defined Benefit Plans, the Plan will from time to time after the parties begin to receive benefits, increase the monthly benefit to adjust for inflation. Under California law the Former Spouse is entitled to their pro rata share of these Cost of Living Adjustments unless they are specifically waived by the Former Spouse.
provides a way to raise retirees' benefits and thereby help them offset increases in the cost of living caused by inflation.
The change (usually an increase) in wages or pension benefits to keep pace with the change in the cost of living due to inflation.
an across-the-board change in wages or pension benefits to reflect the rise or fall in the cost of living as measured by an index such as the Consumer Price Index (CPI).
A retirement plan provision that increases benefits during retirement years in accordance with a cost-of-living or wage index. Usually subject to a maximum increase of 4 or 5 percent per year.
when your employer adjusts your wages for inflation. Social Security benefits, for example, have COLAs.
an adjustment to wages, Social Security benefits, etc., to account for inflation
The Cost of Living Adjustment is used to adjust future benefits such as those from some pension plans or disability insurance on an annual basis in order to keep pace with inflation.