Cost-of-living Increase


Definition of "Cost-of-living increase"

Sukhwinder " Sukhi" Kaur real estate agent
Sukhwinder " Sukhi" Kaur, Real Estate Agent J.J. Elek Realty

Same as term Cost-Of-Living Adjustment: 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.

 

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