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The SDCERA Board of Retirement approved the maximum cost-of-living adjustment (COLA) for retirees. That means:
- Tier I, II and A members will receive the maximum COLA of 3% and 0.12% goes in the COLA bank.
- Tier B, C and D members will receive the maximum COLA of 2% and 1.12% goes in the COLA bank.
The COLA will go into effect on April 1, and retirees will see it in their pension payments starting April 30, 2025. Click here to learn more about the COLA and the COLA bank.
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