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2007 COLA Information
A 2 percent cost-of-living adjustment (COLA) for 2007 will be paid to Tier One/Tier Two retirees and beneficiaries receiving a monthly benefit beginning August 1, 2007.
The increase was effective July 1, 2007 and will be reflected in the August 1, 2007 benefit payment.
PERS will apply the 2007 cost-of-living adjustment (COLA) to the monthly benefit payable August 1, 2007 for the Strunk/Eugeneproject population that has not been recalculated.