Understanding CPI-Only Indexing vs. CPI-or-Wage Escalation Indexing for Pensions

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What is CPI-Only Indexing? CPI-only indexing refers to a method of adjusting pension benefits based solely on changes in the Consumer Price Index (CPI). The CPI serves as a measure of inflation, tracking the price changes of a fixed basket of goods and services purchased by consumers. This indexing mechanism is designed to protect the … Read more