COLA – PERSpective

Insight on pensions from the Ohio Public Employees Retirement System

OPERS announces COLA for 2025

July 18, 2024 Michael Pramik 11 Comments

Inflation-based adjustment to be 2.9%, based on government statistics By Michael Pramik, Ohio Public Employees Retirement System July 18, 2024

Inflation-based adjustment to be 2.3%, based on government statistics By Michael Pramik, Ohio Public Employees Retirement System July 20, 2023

All eligible retirees will receive a 3% cost-of-living adjustment By Michael Pramik, Ohio Public Employees Retirement System July 29, 2022

All eligible retirees will receive a 3% cost-of-living adjustment By Michael Pramik, Ohio Public Employees Retirement System July 16, 2021

We’ll continue to seek 2-year freeze for wellbeing of your pension fund By Michael Pramik, Ohio Public Employees Retirement System

Based on Consumer Price Index, some retirees will see a 0.50% increase

Proposal has more effect on those close to retirement

Temporary adjustment will provide reduction in pension liability

Board continues to review plan design changes

Based on Consumer Price Index, some retirees will see a 1.4% increase