Cost-of-Living Adjustment

Every September, eligible retirees and beneficiaries receive a Cost-of-Living Adjustment (COLA) to their retirement allowance that is based on the Consumer Price Index (CPI).

What is the 2026 COLA rate?

The 2026 Cost-of-Living Adjustment (COLA) for eligible retirees and beneficiaries is 1.7%.

If you are eligible to receive COLA, it will be reflected in your September 30, 2026 pension payment.

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90 Seconds with NYCERS – Cost-of-Living Adjustment

Learn about Cost-of-Living Adjustment (COLA) eligibility criteria for NYCERS retirees, payment timing, and how the COLA rate is calculated.