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Month: April 2026
2026 Cost of Living Adjustment (COLA)
For eligible members, the May 1, 2026 benefit payment reflects your annual Cost of Living increase as follows:
Tiers 1, 2, 4, 5 and 6 retired April 2, 2023 – April 1, 2025 – 3.0%
Tiers 1, 2, 4, 5 and 6 retired April 1, 2023 and prior – 3.0%
Tier 3 retirees and beneficiaries are not eligible