cost-of-living adjustment (COLA) for PERS benefit recipients receiving a
monthly benefit is effective July 1, 2017, and will be part of your August 1,
2017 benefit payment.
who retired before October 1, 2013, will receive a COLA that is 2 percent of
the current monthly benefit.
who retired on or after October 1, 2013, have a blended COLA: 2 percent for
accrued service time before that date and a tiered COLA for service time after
for service time after October 1, 2013, is 1.25 percent on the first $60,000 of
a benefit and 0.15 percent on benefit amounts over $60,000.
members who retired after August 1, 2016, will have a pro-rated COLA depending
on the number of months the benefit was received before July 1, 2017. The
pro-ration will include a blended COLA.
The COLA amount is based on the Consumer Price Index
for the Portland area.