CalPERS members often ask if their pension amount ever increases after retirement; The answer is it can. The Cost-of-Living Adjustment (COLA) may provide an increase to your retirement benefit to help keep up with inflation.
To get all the information you wanted to know about the COLA, join your fellow retirees on May 1 at 11 a.m. to watch CalPERS' newest member education video. In the video, CalPERS will discuss what a COLA is, when you become eligible, and what percentage may be available to you.
Registration for the five-minute video is free. To register, click here.