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

Feb. 14

Winter wish

Massachusetts

Brookdale Senior Living resident Eleanor "Ellie" Ross recently got to ski again thanks to a Brookdale partnership with two-time Olympic skier Jeremy Bloom.