TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

COST LIVING ADJUSTMENT [1 record]

Record 1 2011-08-31

English

Subject field(s)
  • Remuneration (Personnel Management)
CONT

An increase to a wage, salary, or pension designed so that the real value remains the same. That is, a cost-of-living adjustment increases the underlying wage, salary, or pension so that it keeps pace with (but does not run ahead of) inflation.

French

Domaine(s)
  • Rémunération (Gestion du personnel)
DEF

Augmentation des salaires ou des prestations de retraite le plus souvent prévue dans une convention collective, ou dans les modalités du régime de retraite pour tenir compte d'une hausse de l'indice des prix à la consommation, afin que les salaires ou les prestations demeurent proportionnés au coût de la vie.

Spanish

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