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At its May 10, 2019 meeting, the Board approved two Cost of Living Adjustments (“COLA”) that will be applied to eligible retirees’ monthly benefit from July 2019 – June 2020. Members whose retirement date is before July 1, 2018 will receive a COLA increase of 2.0%. Members whose retirement date is between July 1, 2018 and June 30, 2019 will receive a COLA increase of 1.9%. Also, 2019-2020 Health Open Enrollment for eligible City Retirees will run from June 3 – 28, 2019. This year’s Health Open Enrollment Help Day is Friday, June 14 at the Balboa Park Club Ballroom. There will be no formal presentations, but SDCERS staff and representatives from sponsored health plans will be available to answer questions from 10:00 a.m. – noon. You may also submit your enrollment forms directly to SDCERS staff at this event. Click here for more information
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A Cost of Living Adjustment (COLA) was approved by the SDCERS' Board of Administration at its May 11, 2018 meeting. The COLA will be applied to the retirement benefits of eligible SDCERS retirees effective July 1, 2018. Two separate COLAs were approved and differ depending on when the eligible member retired:-Eligible retirees who retired before July 1, 2018 will receive a COLA increase of 2.0%
-Eligible retirees who are in the 1981 retirement plan will receive a COLA increase of 1.4%
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A Cost of Living Adjustment (COLA) was approved by the SDCERS’ Board of Administration at its May 12, 2017 meeting. The COLA will be applied to the retirement benefits of eligible SDCERS retirees effective July 1, 2017. Two separate COLAs were approved and differ depending on when the eligible member retired. More...
A Cost of Living Adjustment (COLA) was approved by the SDCERS’ Board of Administration at its May 13, 2016 meeting. The COLA will be applied to the retirement benefits of eligible SDCERS retirees effective July 1, 2016.Three separate COLAs were approved and differ depending on when the eligible member retired.
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July 1, 2015 recommended COLAs have been determined. Click title for more information. More...
Date:
Jun 11, 2014
Categories: COLA
Funding for the Supplemental Cost of Living Adjustment (COLA) benefit currently being paid to approximately 600 City of San Diego members has been confirmed. The City Council’s approval of Mayor Faulconer’s FY 2015 budget extended funding of the Supplemental COLA benefit for one year. Funding for fiscal 2015 and beyond will be brought before the Council for approval on a year-by-year basis. More...
Date:
May 09, 2014
Categories: COLA
A Cost of Living Adjustment (COLA) was approved by the SDCERS’ Board of Administration at its May 9, 2014 meeting. The COLA will be applied to the retirement benefits of eligible SDCERS retirees effective July 1, 2014. More...
Date:
May 20, 2013
Categories: COLA
A Cost of Living Adjustment (COLA) was approved by the SDCERS’ Board of Administration at its May 17, 2013 meeting. The COLA will be applied to the retirement benefits of eligible SDCERS retirees effective July 1, 2013. More...
The SDCERS Board of Administration has approved the annual Cost of Living Adjustment (COLA), effective July 1, 2012, to be applied to the retirement benefits of eligible SDCERS retirees. The COLA is also applied to survivor benefits.
For eligible retirees who retired prior to July 1, 2012, a COLA increase of 2% will be applied. Eligible 1981 Plan retirees will receive a 1.4% COLA increase. Special Safety Class retirees are not eligible for COLA increases. Survivors receiving a continuance receive the COLA of whichever group to which the deceased member belonged. More...
Date:
Jul 01, 2009
Categories: COLA
A Cost of Living Adjustment (COLA) increase will be applied to the retirement benefits of eligible SDCERS retirees, effective July 1, 2009. More...