Cost of living adjustment (COLA)

An increase to a monthly long-term disability benefit, usually after the first year of payments. May be a flat percentage (e.g. 3%) or tied to changes in inflation. In some states, workers' compensation income replacement benefits also include annual COLAs.

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In Focus

April 18

Spreading thanks

Houston and North Greenbush, NY 

Residents of Brazos Towers at Bayou Manor, a senior living community in Houston, recently held a virtual "gratitude party" for residents of Eastwyck Village of North Greenbush, NY, to thank them for their assistance after Hurricane Harvey.