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 www.calpers.ca.gov/cola. 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.