2019 Cost-of-Living Adjustment (COLA)
January 23, 2019 – Board approves 2019 retiree COLA


The Retirement Board voted to adopt the automatic cost-of-living adjustments (COLA) at the January 23, 2019 Board meeting as calculated by CCCERA’s actuary, Segal Consulting.

The COLA will be effective April 1, 2019 and the amount will be reflected in the May 1, 2019 benefit payment. 

  • General Tier 2, General Tier 3 (disability retirement only) and PEPRA General Tier 5 (3% and/or 4% COLA and disability retirement only) with a maximum annual COLA of 4% will receive a 4% COLA.
  • General Tier 1, General Tier 3 (service retirement only), PEPRA General Tier 4 (3% COLA), PEPRA General Tier 5 (3% and/or 4% COLA and service retirement only), Safety Tier A and PEPRA Safety Tier D retirees with a maximum annual COLA of 3% will receive a 3% COLA.
  • PEPRA General Tier 4 (2% COLA), PEPRA General Tier 5 (2% COLA), Safety Tier C and PEPRA Safety Tier E retirees with a maximum annual COLA of 2% will receive a 2% COLA.

The COLA adjustment is based on the Bay Area Consumer Price Index (CPI), which varies depending on a yearly survey of the cost of goods and services. Our actuary computes the COLA based on cost comparisons between the previous two years (December of 2018 and December of 2017). The CPI can go up, down, or remain unchanged, depending on the results of this survey. Likewise, the COLA component (only) of a retiree’s benefit may go up or down to reflect changes in the CPI.

Please click here for more information on how the automatic COLA works.

See the complete COLA rate sheet and Segal Consulting’s discussion of the rates:
Download 2019 COLA Letter