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."
Word Variations & Relations
A-Z Proximities
cossiecossiescostcost-effectivecost-efficient Cost-Of-Living Benefit
cost-pluscostacostaecostalcostalgia