Current COLA Accumulation

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Retirement Payments

  1. Cost of Living
    1. COLA Accumulation
    2. STAR COLA
  2. Direct Deposit
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Begin content

On February 1, 2023, the Board of Retirement approved the maximum cost-of-living increase for all plans. Percentages exceeding the December 2021–2022 Consumer Price Index increase of 4.9 percent have been added to the COLA Accumulation chart, as reflected below.

Plan A
Retirement Dates Maximum
Cost-of-Living Increase
CPI Change Accumulation
as of
April 2022
April 2023
Adjustment
Accumulation
as of
April 2023
Prior to 4/1/81 3.0% 4.9% 8.9% 1.9% 10.8%
4/1/81 – 3/31/22 3.0% 4.9% 3.6% 1.9% 5.5%
4/1/22 – 3/31/23 3.0% 4.9% 0.0% 1.9% 1.9%
Plans B, C, and D
Retirement Dates Maximum
Cost-of-Living Increase
CPI Change Accumulation
as of
April 2022
April 2023
Adjustment
Accumulation
as of
April 2023
4/1/77 – 3/31/90 2.0% 4.9% 23.1% 2.9% 22.9%*
4/1/90 – 3/31/91 2.0% 4.9% 20.5% 2.9% 22.9%**
4/1/91 – 3/31/92 2.0% 4.9% 15.9% 2.9% 18.8%
4/1/92 – 3/31/00 2.0% 4.9% 15.3% 2.9% 18.2%
4/1/00 – 3/31/01 2.0% 4.9% 15.0% 2.9% 17.9%
4/1/01 – 3/31/02 2.0% 4.9% 13.3% 2.9% 16.2%
4/1/02 – 3/31/03 2.0% 4.9% 13.2% 2.9% 16.1%
4/1/03 – 3/31/05 2.0% 4.9% 11.5% 2.9% 14.4%
4/1/05 – 3/31/06 2.0% 4.9% 9.1% 2.9% 12.0%
4/1/06 – 3/31/18 2.0% 4.9% 7.9% 2.9% 10.8%
4/1/18 – 3/31/19 2.0% 4.9% 6.3% 2.9% 9.2%
4/1/19 – 3/31/20 2.0% 4.9% 5.1% 2.9% 8.0%
4/1/20 – 3/31/22 2.0% 4.9% 4.6% 2.9% 7.5%
4/1/22 – 3/31/23 2.0% 4.9% 0.0% 2.9% 2.9%
Plan E***
Retirement Dates Maximum
Cost-of-Living Increase
CPI Change Accumulation
as of
April 2022
April 2023
Adjustment
Accumulation
as of
April 2023
4/1/02 - 3/31/03 2.0% 4.9% 13.2% 2.9% 16.1%
4/1/03 – 3/31/05 2.0% 4.9% 11.5% 2.9% 14.4%
4/1/05 – 3/31/06 2.0% 4.9% 9.1% 2.9% 12.0%
4/1/06 – 3/31/18 2.0% 4.9% 7.9% 2.9% 10.8%
4/1/18 – 3/31/19 2.0% 4.9% 6.3% 2.9% 9.2%
4/1/19 – 3/31/20 2.0% 4.9% 5.1% 2.9% 8.0%
4/1/20 – 3/31/22 2.0% 4.9% 4.6% 2.9% 7.5%
4/1/22 – 3/31/23 2.0% 4.9% 0.0% 2.9% 2.9%
PEPRA Plans G and Safety C
Retirement Dates Maximum
Cost-of-Living Increase
CPI Change Accumulation
as of
April 2022
April 2023
Adjustment
Accumulation
as of
April 2023
1/1/13 - 3/31/18 2.0% 4.9% 7.9% 2.9% 10.8%
4/1/18 – 3/31/19 2.0% 4.9% 6.3% 2.9% 9.2%
4/1/19 – 3/31/20 2.0% 4.9% 5.1% 2.9% 8.0%
4/1/20 – 3/31/22 2.0% 4.9% 4.6% 2.9% 7.5%
4/1/22 – 3/31/23 2.0% 4.9% 0.0% 2.9% 2.9%

Retirement date also applies to retiree’s survivor or beneficiary(ies) and/or alternate payee.

*Amount reflects -3.1 percent STAR benefit adjustment in 2023.
**Amount reflects -.5 percent STAR benefit adjustment in 2023.
***Plan E COLA increases apply only to service credit earned on and after June 4, 2002, and any purchased Plan E Elective COLA. Plan E members who retired after June 4, 2002, will receive up to a 2.0 percent COLA increase. The portion of the 2.0 percent COLA is based upon a ratio of the months of service earned on and after June 4, 2002, plus any purchased Plan E Elective COLA, divided by the total months of service.

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