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Are there any cost of living adjustments applied to the level of LTD benefits?

April 26, 2017adjustments applied Benefits COST level Living

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Are there any cost of living adjustments applied to the level of LTD benefits?

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Yes. Each July 1, after 12 months of continuous benefits, a partially disabled member may be eligible to receive a cost of living increase based upon the lesser of the percentage increase in the Consumer Price Index of the prior year or 10%, which will be applied to the member’s pre-disability Basic Earnings for the purpose of determining LTD benefits. Learn more about the Consumer Price Index from the US Dept.