Category: Cost of Living Adjustment 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. 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..