Cost-of-Living Adjustment
An across-the-board increase (or decrease) in wages or pension benefits according to the rise (or fall) in the cost of living as measured by some index often the consumer price index (CPI).- www.ifebp.org
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An across-the-board increase (or decrease) in wages or pension benefits according to the rise (or fall) in the cost of living as measured by some index often the consumer price index (CPI).- www.ifebp.org
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