Definition Of Cost Of Living Adjustment

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Cost-of-Living Adjustment (COLA) - investopedia.com

https://www.investopedia.com/terms/c/cola.asp

Sep 22, 2020 · A cost-of-living adjustment (COLA) is an increase in Social Security benefits to counteract inflation. Inflation is measured using the consumer price index for …

cost-of-living adjustment

https://financial-dictionary.thefreedictionary.com/cost-of-living+adjustment

Cost-of-Living Adjustment An increase to a wage, salary, or pension designed so that the real value remains the same. That is, a cost-of-living adjustment increases the underlying wage, salary, or pension so that it keeps pace with (but does not run ahead of) inflation. Federal pensions and Social Security include cost-of-living adjustments, though few ...

How COLA Protects You from Inflation - The Balance - Make ...

https://www.thebalance.com/what-is-the-cost-of-living-adjustment-3305736

Aug 28, 2020 · The cost of living adjustment is an increase in income that keeps up with the cost of living. It's often applied to wages, salaries, and benefits. These include union agreements, executive contracts, and retiree benefits. For example, the government uses a COLA each year on Social Security benefits. The Social Security Administration has put in ...

What is cost of living adjustment (COLA)? definition and ...

http://www.businessdictionary.com/definition/cost-of-living-adjustment-COLA.html

cost of living adjustment (COLA): Periodic increase in wages or salaries, to compensate for loss in purchasing power of money due to inflation. Rate of COLA is commonly pegged to a general index such as consumer price index (CPI). Also called cost of living allowance.

COST OF LIVING ADJUSTMENT - Cambridge Dictionary English ...

https://dictionary.cambridge.org/dictionary/english/cost-of-living-adjustment

cost of living adjustment definition: an increase in a person's wages, pension, etc. that is made once a year according to how much the…. Learn more.

Cost-of-living adjustment definition and meaning Collins ...

https://www.collinsdictionary.com/us/dictionary/english/cost-of-living-adjustment

Cost-of-living adjustment definition: an adjustment to pay which takes account of a change in the cost of living Meaning, pronunciation, translations and examples

cost-of-living adjustment - TheFreeDictionary.com

https://www.thefreedictionary.com/Cost+of+Living+Adjustments

Cost of Living Adjustments synonyms, Cost of Living Adjustments pronunciation, Cost of Living Adjustments translation, English dictionary definition of Cost of Living Adjustments. n. Abbr. COLA An adjustment made in wages that corresponds with a change in the cost of living.

Cost-of-living adjustment - TheFreeDictionary.com

https://www.thefreedictionary.com/cost-of-living+adjustment

Define cost-of-living adjustment. cost-of-living adjustment synonyms, cost-of-living adjustment pronunciation, cost-of-living adjustment translation, English dictionary definition of cost-of-living adjustment. n. Abbr. COLA An adjustment made in wages that corresponds with a change in the cost of living.

Cost of Living - investopedia.com

https://www.investopedia.com/terms/c/cost-of-living.asp

Sep 20, 2020 · The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place.

Cost-Of-Living Adjustment (COLA)

https://www.ssa.gov/OACT/COLA/colasummary.html

Since 1975, Social Security's general benefit increases have been based on increases in the cost of living, as measured by the Consumer Price Index. We call such increases Cost-Of-Living Adjustments, or COLAs. We determined a 1.6-percent COLA on October …