Annual Cost-of-Living Adjustment (COLA)
On January 29, 2018, the Board of Retirement approved the annual retiree Cost-of-Living Adjustment (COLA) for 2018. The following COLA increases will be reflected in the April 30, 2018 retiree benefits checks:
- All Tier 1 and Safety retirees will receive a 3% COLA.
- Retired members with eligible SEIU Tier II COLA service will receive a 2% COLA on that portion of service.