The opening balance from the prior month combined with the net of all transactions during the period should result in the closing balance for the current statement.
A cost-of-living raise is an increase in pay that's intended to keep the buying power of an employee's salary the same during a period of inflation.he biggest group affected by cost-of-living raises is Social Security recipients. Some employees have contracts that include automatic cost-of-living raises. Others work for companies that voluntarily increase pay to keep pace with inflation.
Everything from the level of care and amenities to room size and zip code can drive the cost of assisted living upâor down. The average monthly cost of assisted living in the U.S. is roughly $3,600 a month, or about $43,500, according to Genworthâs latest Cost of Care Survey released in June 2016. That national average was up about 3.57 percent from a national average of $42,000 per year in 2014, according to Genworth's data.