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The COLA for Retirees
Retirees will receive their first COLA on the anniversary month of their retirement. The amount of the COLA for the calendar year is calculated each year in January. The COLA this year is 5%.
COLAs are payable on the anniversary of your retirement date except for:
- Retirees who converted from MSEP to MSEP 2000 during the conversion window in 2000 will have COLAs payable in July.
- Retirees who elected a BackDROP will have COLAs payable on the anniversary of their BackDROP date.
- Retirees who were terminated-vested members of the MSEP 2011 will receive their first COLA on the second anniversary of their retirement (rather than the first anniversary).
We will send you a notice, either in the mail or in your MOSERS Document Express online mailbox, during the month when you get your COLA.
Please see the COLA page on our website for additional information.
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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.