Cost-of-living Increase

Definition of "Cost-of-living increase"

Debra Myers real estate agent
Debra Myers, Real Estate Agent West Coast Florida Real Estate Group

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.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions