### Question
What is the definition of cost of living adjustment?


### Answer
The definition of **cost of living adjustment** is as follows in *31 U.S.C. § 3717*:

> the percentage by which the Consumer Price Index for the month of June of the calendar year preceding the adjustment exceeds the Consumer Price Index for the month of June of the calendar year in which the claim was determined or last adjusted

#### Citation:
  - *31 U.S.C. § 3717*
  - Heading: **SUBTITLE III-FINANCIAL MANAGEMENT > CHAPTER 37-CLAIMS > SUBCHAPTER II-CLAIMS OF THE UNITED STATES GOVERNMENT**

