COLA approved for retired 1977 Fund members
Retired 1977 Fund members will receive a cost-of-living adjustment (COLA) this year. This includes retired, disabled and surviving beneficiaries of members of the fund. It became effective July 1, 2017. How much? 2.5 percent. How is it determined? The COLA for the 1977 Fund is linked to the Consumer Price Index (CPI). The INPRS Board of Trustees decides if there has been an increase in the CPI. If there has been an increase, your monthly benefit increases.
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