Retirement Benefits

2020 Cost-of-Living Adjustment Coming in May

This May, all CalPERS retirees who retired in 2018 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 1.81% from 2018 to 2019.

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% COLA provision, while public agencies may contract for a 3%, 4%, or 5% COLA provision.

COLA Provision Year of Retirement % COLA Increase Effective May 1, 2020
2% COLA Provision 2004 & Earlier 2%
2005-2015 1.81%
2016-2017 2%
2018 1.81%
2019 Not Eligible
3% COLA Provision 1979 & Earlier 3%
1980-2018 1.81%
2019 Not Eligible
4% COLA Provision 1970-2018 1.81%
2019 Not Eligible
5% COLA Provision 2018 & Earlier 1.81%
2019 Not Eligible

For More Information

For more details about how your COLA is calculated and frequently asked questions, go to You can also call us toll free at 888 CalPERS (or 888-225-7377) if you have questions.

Did You Know?

The cost-of-living adjustment, or COLA, is a benefit that ensures your value of money at retirement keeps up with the rate of inflation. For a one-minute overview, watch our CalPERS Quick Tip: Cost-of-Living Adjustment video above.