Cost of Living Questions and Answers

When will I receive my cost of living increase?

The monthly increase will be included in the benefit payment you receive at the
END OF APRIL.

What does the word "COLA" on my pension check stub mean?

"COLA" means "Cost of Living Allowance"

Why doesn't the "Base" amount on my pension check stub change?

The "Base" amount is only calculated once at the time you retire. It will not change annually. However, the "COLA" amount increases each year.

How is my Cost of Living Allowance Calculated?

Look at last month's check stub. Your monthly "Base" and "COLA" amounts are listed on the left side of the stub. Add your "Base" and "COLA", then multiply the sum by your % cost of living increase to calculate your increase.