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State employees, teachers, judges and state police retirees who were receiving a COLA prior to the June 30, 2012, will receive a "4-Year" COLA in 2021. The COLA will be paid the month following the member’s retirement date.
- State police retirees who retired before June 30, 2012 who were not receiving a COLA prior to June 30, 2012, will receive the "4-Year" COLA the month following the third anniversary of the member’s retirement date.
- State employees, teachers and judges retirees who retired between October 1, 2009 and June 30, 2012 who were not receiving a COLA, will receive the "4-Year" COLA the month following the third anniversary of the member’s retirement date or age 65, whichever is later.
- State police retirees who retired after June 30, 2012 and before or on June 30, 2015, will receive the "4-Year" COLA the month following the three year anniversary of the member’s retirement date or age 55, whichever is later. The "4-Year" COLA is applied to the first $33,130 of a pension.
- State police retirees who retired after June 30, 2015 will receive the "4-Year" COLA the month following the three year anniversary of the member’s retirement date or after reaching Social Security Normal Retirement Age (SSNRA), whichever is later. The "4-Year" COLA is applied to the first $27,608.
- State employees, teachers and judges retirees who retired after June 30, 2012 become eligible to receive a ‘4-Year’ COLA after reaching Social Security Normal Retirement Age (SSNRA) or the three-year anniversary of the member’s retirement date, whichever is later. The 4-year COLA is applied to the first $33,130 of a pension if you retired on or before June 30, 2015 and if you retired after June 30, 2015 it is applied to the first $27,608. In both cases it will begin in the month following the 3-year anniversary date of the member’s retirement or SSNRA, whichever is later.
