COLA Approved
On February 19th, the SCERS Board of Retirement approved the following Cost of Living Adjustment (COLA) levels effective April 2025, as recommended by the system’s actuary:
Miscellaneous Tier 1 and Safety Tier 1:
Retired April 1, 2023-March 31, 2025: 3%
Retired before April 1, 2023: 4%
Miscellaneous Tier 3, 4, 5 and Safety Tier 2, 3,
4:
Retired before April 1, 2025: 2%
The new benefit amount will be reflected in retirees’ monthly payment for April. The COLA benefit is based on the rate of inflation and the unique factors of your benefit tier and retirement year.
For more information, visit scers.gov/retiree-cola.