PERS 1, TRS 1 One-Time Benefit Increase Takes Effect in July

By
Jordyn Thomas
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0
26

from the Department of Retirement Systems, April 7 2026:

As a result of legislation approved in 2026, certain retirees in Plan 1 of the Public Employees’ Retirement System and Plan 1 of the Teachers’ Retirement System (PERS 1 and TRS 1) will receive a one-time benefit increase in July 2026.

Under the law, eligible PERS 1 and TRS 1 retirees will receive a one-time, permanent 3% increase in their monthly benefit, capped at $110.00 per month. The increase applies to PERS 1 and TRS 1 retirees receiving a monthly benefit on or before July 1, 2025.

The adjustment does not apply to…

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