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2022 COLA

Aug 17, 2021, 09:43 AM by MOSERS
The SSA is anticipating the largest COLA increase of the last 40 years at around 6% for 2022. Does this mean that MOSERS retirees can anticipate something close to the maximum COLA increase for MOSERS members for 2022 of 5%?

We are unable to provide the 2022 COLA at this time, typically you can expect to see it by the end of January. For general state employees, COLAs are based on 80% of the percentage increase in the average Consumer Price Index (CPI) from one year to the next. The maximum increase is 5% (minimum 0%).

We calculate COLAs based on the CPI-U, the Consumer Price Index for Urban Consumers. To learn more, review the Consumer Price Index Frequently Asked Questions on the Bureau of Labor Statistics website.

See the History of COLAs and the COLA page on our website for more information.

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