Sentences with phrase «keep up with cost of living increases»
It's a must if you want your retirement savings to keep up with cost of living increases.
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Choosing the annuity option distributes the jackpot over 30 payments, which increase by 5 % each year to keep up with the cost of living.
Assemblyman Phil Steck said, «Ensuring access to affordable housing is a critical investment in our communities and helps working families keep more of their hard - earned money so that they can keep up with the ever - increasing costs of living.
We held the line, in a very tough environment, in order to provide a comprehensive health insurance program that protects working families across the state, and pay increases that help working families keep up with the rising cost of living,» CSEA President Danny Donohue said.
In the vast majority of districts, local associations have won cost of living increases so that salaries keep up with inflation.
• Many salaries have not kept up with the increasing cost of living, particularly considering the student debt most law graduates accumulate having to attend law school out - of - province.
You can also keep up with inflation with the Cost of Living Increase rider, which allows you to increase your coverage with no evidence of insurIncrease rider, which allows you to increase your coverage with no evidence of insurincrease your coverage with no evidence of insurability.
A «Cost - of - living» benefit is another optional benefit that provides for an increase in benefit payment on an annual basis to keep up with rising inflation.
In each subsequent year, gradually increase your withdrawals by multiplying the same 4 percent by 1.03, allowing for a 3 - percent inflation adjustment to keep up with the cost of living.
You can also get a cost of living adjustment (COLA) rider, which increases your monthly income benefit amount to keep up with inflation.
The Enhancing term plan increases a five % rise in the value of the life insurance policy for 90 guidelines amount to keep up with present costs of rising prices over 65 years.