Is there a cost-of-living adjustment to protect against inflation?

Retirees and survivors who have been receiving an annuity for at least six months may have a cost-of-living adjustment (COLA) applied to their retirement benefit as of each July 1st. It is based on the change in the Consumer Price Index (CPI), as of the preceding December 31st – All Items Annual Average, Urban Index For Major U.S. Cities. The maximum COLA varies by service dates. 

Plan Document or Summary of Plans.

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1. What is the ERS?
2. Are employee contributions required?
3. What does a defined benefit retirement plan mean?
4. Does the Commission make a contribution?
5. How does being IRS qualified affect you as a member?
6. Who oversees the ERS?
7. Where is the money; is it protected?
8. How much of my pension benefit comes from my contributions?
9. Is there a maximum amount of credited service I can earn?
10. When do I start paying income taxes on my retirement annuity?
11. How does accumulated sick leave affect my benefit?
12. Are loans possible from the plan?
13. What if I don’t leave a surviving spouse or children?
14. When can I expect to receive my first retirement check?
15. How do I apply for retirement benefits?
16. Is there a cost-of-living adjustment to protect against inflation?
17. Is there life insurance when I retire?
18. When is the best time to retire?
19. What deductions are taken from my retirement check?
20. Can I have my benefit check directly deposited into my bank?
21. Is there Disability Retirement?