cost-of-living benefit

• Benefício ou auxílio financeiro concedido por governo ou empregador para ajudar as pessoas a lidar com o aumento do custo de vida e a alta de preços de bens e serviços essenciais.

A financial payment or allowance provided by a government or employer to help individuals cope with increased expenses due to rising prices for essential goods and services.

1. Financial adjustment for inflationB2formal

   An increase in wages, pensions, or other payments to offset the rising prices of goods and services.

   Benefício de custo de vida

   • The union negotiated a cost-of-living benefit for all employees.
   • Retirees receive an annual cost-of-living benefit to maintain their purchasing power.
   • The government announced a cost-of-living benefit increase for social security recipients.