Retiree COLA

Please note that your June 2023 Retirement benefit may have included a one-time lump sum COLA payment retro-active to 7/1/22.  This COLA was an additional 2% on the first $18,000, on top of the 3% COLA that was issued on 7/1/22.  Maximum monthly COLA of $75.00 effective 7/1/2022, in order to be eligible for this COLA, your retirement date needed to be on or before 6/30/21.

Your July 2023 Retirement benefit may include the annual COLA of 3% on the first $18,000 of your benefit for a maximum monthly COLA of $45.00 effective as of 7/1/2023.  In order to be eligible for this COLA your retirement date needed to be on or before 6/30/22.