The April 30th pension payment includes the 2021
cost-of-living adjustment (COLA), which can vary based on
membership tier and retirement date.
SCERS sent notices to all retirees in late April with information
about the adjusted benefit amount. The notice provides the
initial benefit amount at the date of retirement, the dollar
value of the cumulative COLA adjustments since retirement, and
the new benefit amount as of April 2021.