(S (S (NP (BASENP (NNS Opponents)) (PP (IN of) (BASENP (DT the) (JJ price-indexing) (NN proposal)))) (VP (VP (VBP point) (PRT (RP out))) (SBAR (IN that) (S (S (NP (NP (BASENP (JJ inflation-based) (NNS calculations)) (PP (IN of) (BASENP (NNS benefits)))) (PRN (COMMA ,) (PP (IN by) (S (VP (VP (VBG linking) (BASENP (NNS benefits))) (PP (TO to) (NP (BASENP (NNS prices)) (CC but) (NP (ADVP (RB not)) (BASENP (NN wage) (NNS levels)))))))) (COMMA ,))) (VP (MD would) (VP (VP (VP (VB cut) (BASENP (NNS retirees))) (PRT (RP out))) (PP (IN from) (NP (BASENP (JJ future) (NNS increases)) (PP (IN in) (BASENP (NN living) (NNS standards)))))))) (SBAR (IN since) (S (BASENP (PRP it)) (VP (VBZ is) (NP (NP (BASENP (NNS wages)) (CC and) (NP (ADVP (RB not)) (BASENP (NNS prices)))) (SBAR (WHNP (WDT that)) (S (VP (VBP determine) (NP (BASENP (NNS standards)) (PP (IN of) (BASENP (NN living))))))))))))))) (PERIOD .))