Add Comment Question: Does an employer have to pay for cost of living increases to my LTD benefits. If not how do I get ahead being played the the same amount every month year after year as things get more expensive. Answer: It depends on your specific LTD policy. If the policy contains a cost of living increase provision then you should get it. Otherwise the insurer doesn’t have to increase your monthly amount. Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.