Cost of Living Adjustments (COLAs)
Cost-of-living adjustments (COLAs) are granted each July 1st to eligible retirees. Your first COLA is based on your retirement date. Retirees are eligible after being retired a full year. The first COLA will be on the second July 1st after your retirement date. For example, if you retire on or before June 30, 2017, the first date you may be eligible to receive a COLA is July 1, 2018. If you retire after June 30, 2017, the first date you may be eligible to receive a COLA is July 1, 2019.