cost-of-living adjustment

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cost-of-liv·ing adjustment

(kôst′əv-lĭv′ĭng)
n. Abbr. COLA
An adjustment made in wages that corresponds with a change in the cost of living.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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The House plan offers no automatic cost-of-living adjustments.
10 States with automatic cost-of-living adjustments.
Retirees have received automatic cost-of-living adjustments every year since - until now.
The president of the European Central Bank in particular has been vehement over the considerable increases negotiated by German employees and the principle of automatic cost-of-living adjustments to wages practiced in Belgium (3404).
The Santows see the need for new approaches in several areas, among them universal preschool education funded by estate taxes; automatic cost-of-living adjustments to the minimum wage; new tax computation approaches; and inducements for the private sector to provide health-care coverage.
(population 32,700) has eliminated automatic cost-of-living adjustments and implemented a Pay for Performance program.

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