What is Cost of Living (COLA)?
A. A Cost of Living benefit generally indexes (increases) your disability benefit while you are disabled to help offset the effects of inflation. COLA benefits are tied to the government standards of the Consumer Price Index (CPI). Most COLA benefits will index the disability benefit while you are disabled after you have been disabled for a specific period of time. The benefits are generally indexed to a maximum percentage. For more information on what COLA benefit would be available to you, please contact our customer service area.
