2025 COST OF LIVING ADJUSTMENT

Board voted a 3% COLA on first $13,000

On April 9, 2025, the Board approved a Retiree COLA for FY2026. The amount of the COLA will be 3% on the first $13,000 of your benefit. (Maximum COLA of $390 a year/$32.50 a month).

This means that all retirees/survivors who were retired on or before June 30, 2024 are eligible for the COLA.

FY2026 COLA will be effective July 1, 2025 and wil be first reflected in your July Benefit payment.

Posted: to General News on Wed, Apr 9, 2025
Updated: Wed, Apr 9, 2025