Cost of Living Adjustment Announced

The 2017 COLA increase is .3%, effective with Dec. 1, 2015, pension payments. Retirees with an annuity start date of Dec. 1, 2015, or before will receive the entire .3% increase. The remainder will receive a prorated hike.

Retirement Annuity
Start Date

Year

# of
Months Retired

COLA increase %,
starting Dec. 2016

December

2015

12

0.30%

January

2016

11

0.28%

February

2016

10

0.25%

March

2016

9

0.23%

April

2016

8

0.20%

May

2016

7

0.18%

June

2016

6

0.15%

July

2016

5

0.13%

August

2016

4

0.10%

September

2016

3

0.08%

October

2016

2

0.05%

November

2016

1

0.03%

December

2016

0

0.00%

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