2024 COST OF LIVING ADJUSTMENT

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

On April 10, 2024, the Board approved a Retiree COLA for FY2025. 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, 2023 are eligible for the COLA.

FY2025 COLA will be effective July 1, 2024 and will be first reflected in your July Benefit payment.