GC 3100.33B SECTION 14 - COST OF LIVING ADJUSTMENT BENEFIT 2005 (Gross) (12 months) SECTION 14 - COST OF LIVING ADJUSTMENT BENEFIT COST OF LIVING ADJUSTMENT BENEFIT A Person will be eligible for cost of living adjustments to the Monthly Benefit for Total Disability on the July 1st following 12 consecutive calendar months of receiving Disability benefits and on each subsequent July 1st. The maximum number of adjustments will be stated on the Schedule of Benefits. A Person's Gross Monthly Benefit will be increased by the lesser of: 1) the percentage shown on the Schedule of Benefits; or 2) the Consumer Price Index. Each cost of living adjustment will be added to a Person's Monthly Benefit for Total Disability and will be paid monthly. For the purpose of calculating subsequent adjustments, the Gross Monthly Benefit will include any prior years' cost of living adjustments. Cost of living adjustment increases shall not be limited by the Maximum Monthly Benefit.