Retirees’ COLA July 1, 2017

Joseph E. Connarton, Executive Director
Public Employee Retirement Administration Commission

Dear Mr. Connarton:
This letter is to inform you that at its February 22, 2017 meeting, the Board voted a retirees’ COLA of 3% beginning July 1, 2017.

Also, at its January 31, 2017 meeting, the Board voted to leave the maximum COLA base for the retirees’ annual COLA at $17,000.

Please call me if you have any questions.
Sincerely, Dale Kowacki, Executive Director

Click this link to read more about the COLA: http://www.frrsma.com/retirees/retirees-cola-cost-of-living-adjustment/

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