SCERS Board Approves COLA
At its meeting on February 17, 2021, the SCERS Retirement Board approved the annual cost-of-living adjustments (COLA) to be effective April 1, 2021 for eligible SCERS annuitants.
The annuitants’ April 2021 benefit payments will reflect the approved increases as follows:
The membership category applicable to you is indicated on your retirement benefit warrant.
For retirees who retired with service under more than one membership category, the COLA applicable to each category will apply to the portion of your monthly allowance applicable to that category.
For further information on how the COLA was determined, visit the Retiree COLA Tracker, or contact SCERS’ office.