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Cost-of-Living Adjustment

An increase to a wage, salary, or pension designed so that the real value remains the same. That is, a cost-of-living adjustment increases the underlying wage, salary, or pension so that it keeps pace with (but does not run ahead of) inflation. Federal pensions and Social Security include cost-of-living adjustments, though few other pensions do.

Cost-of-living adjustment (COLA).

A COLA results in a wage or benefit increase that is designed to help you keep pace with increased living costs that result from inflation.

COLAs are usually pegged to increases in the consumer price index (CPI). Federal government pensions, some state pensions, and Social Security are usually adjusted annually, but only a few private pensions provide COLAs.


(pronounced like the beverage) See cost-of-living adjustment.

References in periodicals archive ?
The colon marks a site of recursion: the instant that the wave hits and then goes back.
Talking about colon cancer can still be a tough conversation for some people, and we're happy Beth Israel is helping us start that conversation," said Catherine Montaldo, CCCF executive director.
He said colon cancer would require complicated surgery to remove it but there is a possibility of the disease spreading to other parts within seven to 10 years.
Colon to be involved in such a violent act and have no blood on his sneakers?
coli can introduce a toxin that damages DNA in the cells of the gut lining, thereby causing colon cancer.
Colon cancer usually affects people 50 years old and older.
His series of entries on being the father of the bride caught the attention of KCAL 9 producers who tracked down the Colons and asked if they could do a story on them.
Steering the probe through the twists and folds of the colon was difficult.
Patients must then be sedated during the exam, and about 1 exam per 500 results in a serious complication, such as puncturing of the colon.
The important part after the colon may be an example, a quotation, or a list.
What to do: The Selenium and Vitamin E Cancer Prevention Trial (SELECT) on 35,000 men--which is looking primarily at prostate cancer--will also examine selenium's impact on colon cancer risk.
Researchers at Dartmounth-Hitchcock Medical Center looked at 1,084 patients with a recent history of colon polyps, and found that the recurrence of polyps--the likelihood of which is increased in people who have previously had them--was reduced by 19% in patients who took a baby aspirin daily.