The phrase "benefit increases" refers to the situation when the advantages or positive outcomes of something become more significant, either in quantity or quality. Full definition
And again, the death benefit increases by 4 % each year which is superior to most other available fixed rate investments. (ohioinsureplan.com)
As the authors calculate, teachers who were already well into their teaching career received benefit increases of over $ 100,000 in estimated pension wealth. (teacherpensions.org)
The percentage of benefits increases for each month you wait. (debt.org)