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COST-OF-LIVING BENEFIT

(noun)
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Definitions

There is 1 meaning of the phrase Cost-Of-Living Benefit.

Cost-Of-Living Benefit - as a noun

A benefit that goes to anyone whose money receipts increase automatically as prices rise

Example Sentences

"Employees receive a cost-of-living benefit to help offset the high housing prices in the city."
"The company offers a cost-of-living benefit as part of their employee compensation package."
"The union negotiated for a cost-of-living benefit increase for its members."
"The cost-of-living benefit is adjusted annually based on inflation rates."
"Many retirees heavily rely on cost-of-living benefits for their monthly expenses."
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