News

Mar 8, 2017

FY18 Cost of Living Adjustment


Board Grants Maximum (3%) for FY18 Cost Of Living Adjustment on the first $13,000 of retiree pension.
Category: General
Posted by: hcrsadmin
March 8, 2017, the Hampshire County Retirement Board unanimously voted to grant a 3% Cost of Living Adjustment on the first $13,000 of retiree pension for Fiscal Year 2018 (effective July 1, 2017). The FY18 COLA becomes effective July 1, 2017 and is payable beginning July 31, 2017 for all retirees having retired on or before June 30, 2016.