PERSI Cost of Living Adjustments (COLAs)

Historical Numbers

DatesRate
03/01/20211.0%
03/01/20201.7% [a]
03/01/20191.0%
03/01/20181.9%
03/01/20171.1%
03/01/20160.2% [b]
03/01/20151.7% [c]
03/01/20141.0%
03/01/20131.0%
03/01/20121.0%
03/01/20111.0%
03/01/20102.48% [d]
03/01/2010-1.48% [d]
03/01/20091.0%
03/01/20082.0%
03/01/20073.8%
03/01/20063.6%
03/01/20052.7% [e]
03/01/20042.2%
03/01/20031.0%
03/01/20022.7%
03/01/20013.4%
03/01/20002.3%
03/01/19991.6% [f]
03/01/19982.2%
03/01/19972.9%
03/01/19962.6%
03/01/19952.9%
03/01/19942.8% [g]
03/01/19933.1% [h]
03/01/19923.8% [i]
03/01/19915.6%
03/01/19904.7%
03/01/19891.0%
03/01/19881.0%
03/01/19871.5%
01/01/19861.0%
01/01/19854.2%
01/01/19842.9%
01/01/19835.1%
01/01/19826.0%
01/01/19816.0%
01/01/19806.0%
01/01/19796.0%
01/01/19786.0%
01/01/19776.0% if last contributed prior to 01/01/1976; 1976 retiree 5.3%
01/01/19763.0%
01/01/19753.0%
01/01/19743.0%
01/01/19733.0%
01/01/19723.0%
01/01/19713.0%
01/01/19703.0%
07/01/1969Rates varied according to retirement date

Note: Starting 01/01/1980 and to date, if the last contribution was in the prior year the COLA is apportioned to the number of months. See formulas.

[a] For 2020, the board also awarded a retro COLA (tied to 2011, 2012, 2013, and 2018 COLAs) to provide an additional increase of up to 4.8%, depending on the date of the last contribution for each retiree.

[b] For 2016, the board also awarded a retro COLA (tied to the 2012 COLA) to provide a net increase of 1.0%.

[c] For 2015, the board also awarded a retro COLA (tied to 2012, 2011, and 2009 COLAs) to provide an additional increase of up to 2.3% depending on the date of the last contribution for each retiree.

[d] The C.P.I. (Consumer Price Index) used for retirees 2010 COLA Calculation was a -1.48% resulting in a March 1st, 2010 COLA of -1.48%. Subsequently, to provide retirees with a net COLA of 1%, the board applied a retro-COLA of 2.48%.

[e] There was also a retro-COLA to bring all retirees whose date of the last contribution was before March 1, 2003, to 100% C.P.I. (Consumer Price Index) purchasing power.

[f] There was also a retro-COLA to bring all retirees who retired on or before January 31, 1989, to 100% C.P.I. (Consumer Price Index) purchasing power.

[g] There was also a retro-COLA to bring all retirees who retired on or before December 31, 1981, to a minimum of 90% C.P.I. (Consumer Price Index) purchasing power.

[h] There was also a retro-COLA to bring all retirees who retired in 1979 or before, up to a minimum of 80% C.P.I. (Consumer Price Index) purchasing power.

[i] There was also a retro-COLA to bring all retirees who retired in 1974 or before, up to a minimum of 70% C.P.I. (Consumer Price Index) purchasing power.