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Calculating the COLA
The maximum cost-of-living adjustment (COLA) for MOSERS retirees and beneficiaries is 5%. If the percentage change in the CPI from one year to the next were 5%, the COLA would be 4% (80% of 5%). If the percentage change in the CPI from one year to the next were 6.2%, the COLA would be 4.96% (80% of 6.2%). If the percentage change in the CPI from one year to the next were 10%, the COLA would be 5% (80% of 10% is 8% but the maximum COLA is 5%).
The COLA that our retirees or their beneficiaries will receive this year is 3.758%.
To learn more, see our Cost-of-Living Adjustments page.
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Disclaimer
We strive to provide the most accurate information possible in our answers to Rumor Central questions. However, occasionally, laws, policies or provisions change and individual circumstances may vary. Please contact a MOSERS benefit counselor or see the handbooks in our website Library for more detailed information. If there is any difference between the information provided in this blog or on the MOSERS website and the law or policies that govern MOSERS, the law and policies will prevail. See our Privacy, Security & Legal Notices for more information.