Retirement Benefits

2018 Increase to Cost-of-Living Adjustment Coming in May

This May, all CalPERS retirees who retired in 2016 or earlier will receive an increase to their cost-of-living adjustment (COLA). This is a result of the Consumer Price Index for All Urban Consumers (1967 = 100) increasing by 2.13 percent from 2016 to 2017.

The chart below shows the percentage of COLA increase that retirees will receive based on their employer-contracted COLA provision percentage and their retirement year. Most state and all school agencies contract for a 2 percent COLA provision, while public agencies may contract for a 3, 4, or 5 percent COLA provision.

 

Table showing COLA broken down by COLA Provision; Year of Retirement; % COLA Increase (effective May 1, 2018). Categories of 2%; 3%; 4% and 5%

For More Information

For more details about how your COLA is calculated and frequently asked questions, visit our Cost-of-Living Adjustment page. You can also call us toll free at 888 CalPERS (or 888-225-7377) if you have questions.