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StanCERA Board of Retirement Board Grants 2022 Cost-of-Living Adjustment

StanCERA Board of Retirement Board Grants 2022 Cost-of-Living Adjustment

On February 22, 2022, the StanCERA Board of Retirement approved the Cost-of-Living Adjustment (COLA) for retirees and survivor beneficiaries.  Members that are retired prior to April 2, 2022, in Tiers 1, 2, 4, 5 and 6, will receive a 3% COLA beginning April 1, 2022, with an additional 1% deposited into the COLA bank.