2018 Annual Cost-of-Living Adjustment (COLA)
On January 29, 2018, the Board of Retirement approved the 2018 retiree cost-of-living adjustment (COLA). The following increases will be reflected in retirement benefit payments on April 30, 2018:
- Safety Tiers: 3.0% COLA
- General Tier 1: 3.0% COLA
- General Tier 2 (SEIU-covered service): 2.0% COLA
- General Tiers 6 & 8 (SEIU-covered service): 2.0% COLA