COLAs

MOSERS provides an annual cost-of-living allowance (COLA) to eligible retired members and their surviving beneficiaries. In general, your annual COLA will be payable in the same month each year for your lifetime.

You may waive your COLA; however, federal law forbids you from waiving your COLA once you are over age 70 1/2. In addition, if you decide to waive the COLA, the waiver is final for that year's increase.

COLA Adjustments Revised January 16, 2008

COLA Year MSEP COLA Increase MSEP 2000 Increase 2008 4.000% 2.278% 2007 4.000% 2.581% 2006 4.000% 2.710% 2005 4.000% 2.130% 2004 4.000% 1.823% 2003 4.000% 1.265% 2002 4.000% 2.277% 2001 4.000% 2.689% 2000 4.000% 1.767%

How MOSERS Calculates COLAs See the 2008 COLA Calculation When are COLAs payable?