Cost of Living

Your 2017 Cost-of-Living Adjustment (COLA)

Understand how your annual COLA benefit is calculated.

Learn the Factors

Overview​

  • Most employer contracts set the COLA as a maximum of 2 percent of your monthly retirement pension.
  • COLA typically begins the second calendar year of retirement. The annual rate of inflation and existing retirement law could affect the onset of your adjustment.
  • PPPA protects against inflation for those whose benefits fall below minimum levels established by law.
  • The PPPA takes effect each May.