TRS Updates Retiree COLA Info Due to Constitutional Amendment’s Passage

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The TRS on Wednesday posted updated info about the permanent cost of living adjustment (COLA) that many of the system’s retired members will be receiving starting in January.

The permanent COLA adjustments were made possible by the approval — by an 84 percent margin — of the enabling constitutional amendment on Tuesday.

The COLAs will equal 2 percent, 4 percent or 6 percent, depending on date of retirement.

Visit the 2023 TRS Retiree Benefit Enhancements home page for more info.