Retiree - Cost of Living Adjustment (COLA)Find more information from the following link(s):
Effective July 1, 2015, eligible retirees and others receiving annuity payments from the Montgomery County Employees Retirement System (ERS), will receive a Cost-of-Living-Adjustment (COLA). The amount of the adjustment is based on the change in the Consumer Price Index-All Urban Consumers, Washington-Baltimore, DC-VA-WVA (CPI-W) from May 2014 to May 2015 as defined in the County Code, Section 33-44(c)(3). Please click on the link below entitled " 2015 Retiree COLA", to view the percentage that each retirement benefit will increase based on the plan and retirement date.
A COLA letter is usually mailed out by July 1st to Retirees. If a COLA letter was not received, it can be accessed by clicking on the link below.
2015 Retiree COLA