Describing an index or an increase in payment etc that is dependent upon the cost of living(adjective)
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Use "cost-of-living" in a sentence
"The group also wants Mr. King to get the auto makers to give temporary workers permanent jobs, restore the cost-of-living wage increase and stop shutting plants and give more time than usual for workers to review a proposed contract before voting on its ratification."
"People familiar with the talks have said the union leadership and the auto makers' management have an understanding that the new contract won't include automatic wage increases and cost-of-living raises, which were fixtures of past labor deals but were suspended in 2009."
"He has called on legislators to increase the retirement age of state workers and eliminate cost-of-living adjustments."