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Cost-of-Living Adjustment (COLA ) Accumulation

Government Code Section 31870.1, which was first adopted by the County Board of Supervisors in 1969, sets forth the rules for granting a Cost-of-Living Adjustment (COLA) to retirees of StanCERA. The COLA is determined annually based on increases or decreases in December's Consumer Price Index for All Urban Consumers in the San Francisco-Oakland-San Jose area (CPI-U), using a base period of 1982-1984. The ratio is calculated and rounded to the nearest one-half percent.

Historical Summary of StanCERA's Cost-of-Living Adjustment

Consumer Price Index for All Urban Consumers in the San Francisco-Oakland-San Jose area (CPI-U)