Sentences with phrase «benefits keep pace with inflation»

A Cost of Living Adjustment (COLA) rider is designed to help the beneficiary's disability insurance benefits keep pace with inflation.

Not exact matches

Many tax and spending provisions (like the tax bracket thresholds and the amounts of Social Security benefits) are indexed to ensure their value keeps pace with inflation.

So that when that inevitable day arrives, your policy has grown as you aged, allowing your beneficiary to receive a death benefit that has (hopefully) kept up with the pace of inflation.

Social Security benefits and Supplemental Security Income (SSI) payments may be automatically increased each year to keep pace with increases in the cost - of - living (inflation).

Most long - term care care insurance includes a 3 % annual increase in the benefit amount to keep pace with inflation so they can cover the cost of care in the future, not just today.

Cost - of - living adjustments (COLAs) allow your retirement benefit to keep pace with inflation.

Moreover, for workers who earn up to $ 1,000 per week, schedule loss awards today are lower than they would have been if benefits had simply kept pace with inflation for the past twenty - five years, instead of remaining stagnant from 1992 until 2007.

In response to a statement in the Legislature, statistics from 2004 - 2013 show that cost of living adjustments for compensation benefits have in fact not kept pace with inflation — in real value they have shrunk by 9.6 %.

So that when that inevitable day arrives, your policy has grown as you aged, allowing your beneficiary to receive a death benefit that has (hopefully) kept up with the pace of inflation.

Benefits for long - term care expenses can increase to keep pace with inflation.