Category: COLA Announcements April 2024 VRS Training; Health Insurance Forms Updated; COLA Increases; Health Insurance Credit Increases COLA Increase Takes Effect July 1 for Eligible Retirees March 2024 Eligible retirees will see the cost-of-living adjustment in their August 1 benefit payment. FY 2024 Kicks Off With Changes – What You Need to Know July 2023 A new fiscal year brings new legislation, changes in retiree COLAs and important updates to VRS resources and websites. Announcements April 2023 Password requirements are being strengthened for myVRS Navigator and new COLAs take effect this summer. COLA Increases Take Effect July 1 for Eligible Retirees March 2023 2024 cost of living adjustments for retirees are the maximum allowed under state law. Cost-of-Living Adjustments Take Effect July 1 for Eligible Recipients April 2022 The following cost-of-living adjustments (COLAs) for fiscal year 2023 take effect July 1 for eligible retirees in Plan 1, Plan... Cost-of-Living Adjustments Take Effect July 1 for Eligible Recipients March 2022 The following cost-of-living adjustments (COLAs) for fiscal year 2023 take effect July 1 for eligible retirees in Plan 1, Plan... 2021 COLA and Hazardous Duty Supplement Increases Take Effect July 1 for Eligible Retirees March 2021 A cost-of-living adjustment (COLA) of 1.23% takes effect July 1 for eligible retirees in Plan 1, Plan 2 or the Hybrid Retirement..