Retiree COLAs


 


 

FAQs

All eligible retirees (those retired on or before January 1, 2024) will receive a COLA increase starting April 1, 2024, as shown in the following table:

Tier:

Retirement Date:

COLA:

1

On or Before January 1, 2024

3.0%

 

2 & 3

On or Before January 1, 2024

2.0%

 

All eligible retirees (those retired on or before January 1, 2023) will receive a COLA increase starting April 1, 2023, as shown in the following table:

Tier:

Retirement Date:

COLA:

1

On or Before January 1, 2023

3.0%

 

2 & 3

On or Before January 1, 2023

2.0%

 

 

Tier

Retirement Date

COLA

1

On or before January 1, 1981

3.0%

1

January 2, 1981 - January 1, 2019

2.9%

1

January 2, 2019 - January 1, 2022

2.6%

2 & 3

On or before January 1, 2022

2.0%

 

The 2021 Retiree COLA is as follows:

TIER RETIREMENT DATE COLA
1 On or before January 1, 2021 2.40%
2 & 3 On or before January 1, 2021 2.00%
 
1 On or before January 1, 2019 3.00%
1 January 2, 2019 - January 1, 2020 2.90%

The 2020 COLA is as follows:

Tier Retirement Date COLA
1 On or Before January 1, 2020 3.00%
2 & 3 On or Before January 1, 2020 2.00%

The 2019 COLA is as follows:

Tier Retirement Date COLA
1 On or Before January 1, 2019 3.00%
2 & 3 On or Before January 1, 2019 2.00%

The 2018 COLA is as follows:

Tier Retirement Date COLA
1 On or After January 2, 1981 but Before January 2, 2018 2.80%
1 On or Before January 1, 1981 3.00%
2 & 3 On or Before January 1, 2018 2.00%

The 2017 COLA was 2.10% for the majority of retirees.

The 2016 COLA was 1.90% for the majority of retirees.

The 2015 COLA was 1.90% for the majority of retirees.

The 2014 COLA was 2.00% for the majority of retirees.

The 2013 COLA was 2.50% for the majority of retirees.

The 2012 COLA was 2.00% for the majority of retirees.

The 2011 COLA was 0.60% for the majority of retirees.

The 2010 COLA was determined by the table below:
 

            Retirees who Retired   2010 COLA Increase
Before January 1 and after January 2nd   Effective April 1, 2010
2010 2009   1.60%
2009 2008   1.90%
2008 2007   2.40%
2007 2001   2.90%
2001 all prior   3.00%

Reference

2024 Retiree COLA