COLA rates established for 2023

By
Derek VanSpoor
-
0
763

From the Department of Retirement Systems:

COLA rates established for 2023

A cost of living adjustment (COLA) is an annual adjustment applied to your retirement income to reflect changes in the economy (inflation). Most DRS retirement plans offer a COLA, but Plan 1 members in PERS and TRS only have a COLA if they selected it during retirement.

View the 2023 COLA percentages by retirement date and plan

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