Hilary rodham clinton became an outspoken ____________ for women and children early on in her career. a. philanthropist b. advocate c. detractor d. doctor

Social Studies · High School · Tue Nov 03 2020

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When your grandfather says that his Social Security payments are indexed, it means that the benefits he receives are adjusted periodically to account for changes in the cost of living. The purpose of indexing is to ensure that the purchasing power of Social Security benefits remains relatively constant over time.

Social Security benefits in many countries, including the United States, are often subject to cost-of-living adjustments (COLAs). These adjustments are based on changes in the Consumer Price Index (CPI), which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

If there is inflation and the cost of living increases, indexing helps prevent a decline in the real value of Social Security benefits. In other words, it ensures that retirees and beneficiaries can maintain a relatively consistent standard of living by receiving increased benefit amounts to offset the effects of rising prices.






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