2026 COLA OF LIVING ADJUSTMENT

Board voted a 3% COLA on first $14,000

On May 13, 2026, the Board approved a Retiree COLA for FY2027. The amount of the COLA will be 3% on the first $14,000 of your benefit. (Maximum COLA of $420 a year/$35 a month)

This means that all retirees/survivors who were retired on or before June 30, 2025 are eligible for the COLA.

FY2027 COLA will be effective July 1, 2026 and be reflected in your July Benefit payment.

Posted: to General News on Wed, May 13, 2026
Updated: Wed, May 13, 2026