google bot detected Cost Of Living Adjustment Cola | Insurance Glossary |

Cost Of Living Adjustment Cola

Definition of "Cost-of-living adjustment (cola)"

Schawanna Lee
  Classique Realty & Investments Inc

Automatic adjustment applied to Social Security retirement payments when the consumer price index increases at a rate of at least 3%, the first quarter of one year to the first quarter of the next year.

Related Real Estate Glossary terms

Related Real Estate FAQ