Cost of Living Adjustment 2015
The cost-of-living adjustment (COLA) for September 2015 through August 2016 benefit payments will be 1.0%. As a result, an eligible retired member with an annual benefit of $18,000 or more will receive a maximum increase of $15 per month beginning with the September 2015 payment. (Eligible members receiving an annual benefit under $18,000 will receive [...]