Municipal plans that are part of MERS, and have adopted a COLA provision, provide a 2018 COLA when the actuary determines the individual plan is at least 80% funded as of June 30, 2020.

Plans that have chosen not to offer a COLA and plans that are not 80% funded do not provide a COLA to members.

Recipients of the Teachers’ Survivor Benefit (TSB) will receive COLA as determined by the Social Security Administration (SSA). There may be years that the SSA will not grant a COLA.