A cost-of-living adjustment (COLA) is an increase in retirement benefits to keep up with inflation. If you’re interested in learning more about your CalPERS COLA benefit please take a look at the COLA webpage on the CalPERS website. The page also provides a chart which displays the percent allowance increase a retiree will receive based on their employer contracted COLA percentage and their retirement year.
If you have any questions about your CalPERS COLA benefit, please call our Contact Center at (888) CalPERS or (888) 225-7377.