Cost-of-Living Adjustment
Every September, eligible retirees and beneficiaries receive a Cost-of-Living Adjustment (COLA) to their retirement allowance that is based on the Consumer Price Index (CPI).
What is the 2025 COLA rate?
The 2025 Cost-of-Living Adjustment (COLA) for eligible retirees and beneficiaries is 1.2%.
If you are eligible to receive COLA, it will be reflected in your September 30, 2025 pension payment.
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90 Seconds with NYCERS – Cost-of-Living Adjustment
Learn about Cost-of-Living Adjustment (COLA) eligibility criteria for NYCERS retirees, payment timing, and how the COLA rate is calculated.
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