Examlex
Which has greater competence?
Social Security Retirement Benefit
A government payment program that provides financial assistance to people who are retired from work.
Monthly Benefit
A regular payment received each month, such as from a pension or Social Security, designed to cover living expenses.
COLA
Cost-of-Living Adjustment; an increase in income or benefits designed to offset inflation and maintain purchasing power.
Consumer Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate inflation.
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