Hearing Rumors? Not sure your co-worker has it right?

Rumor Central has the answers! Submit your question or just browse our blog to separate facts from fiction.

Subscribe to Rumor Central

Subscribe to receive a monthly email that includes answers to recent Rumor Central questions.

Log in to myMOSERS. Click on Personal Information, then on Email Options. Check the box next to Rumor Central

The 2023 COLA

Dec 7, 2022, 16:04 PM by MOSERS

With Social Security benefits increasing by 8.7% for 2023, is it safe to assume that MOSERS benefits will increase by the maximum of 5% in a single year?


We will not have all the data we need to calculate the 2023 COLA until mid-January. As you noted, by law, the maximum increase for the COLA in a single year is 5%. COLAs for most retirees are equal to 80% of the percentage increase in the average Consumer Price Index (CPI) from one year to the next, with a maximum of 5% (minimum of 0%). We will post the 2023 COLA to our website in January. Be sure to visit the COLA page on our website for more information. 

Print Friendly and PDF




We strive to provide the most accurate information possible in our answers to Rumor Central questions. However, occasionally, laws, policies or provisions change and individual circumstances may vary. Please contact a MOSERS benefit counselor or see the handbooks in our website Library for more detailed information. If there is any difference between the information provided in this blog or on the MOSERS website and the law or policies that govern MOSERS, the law and policies will prevail. See our Privacy, Security & Legal Notices for more information.