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| What is the COLA for 2011? |
2.3% |
| Is there a maximum COLA per year? |
No |
| When is your COLA applied to your monthly benefit? |
Your benefit is adjusted on July 1 of each year to reflect the change in the cost of living published by the Bureau of Labor Statistics.
- If you have 25+ years of service (or a Service-Connected Disability Pension), your COLA is applied to your benefit on July 1 following the effective date of your pension.
- If you have <25 years of service, your COLA is applied on July 1 following the date on which you would have had 25 years of service.
- If you have a Nonservice-Connected Disability Pension, your COLA is applied on July 1 following the date on which you had (or would have had) 25 years of service, or the fifth anniversary of the effective date of your pension, whichever is earlier.
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| Are you eligible for a discretionary COLA? |
No |
| When is a COLA applied to a qualified survivor’s monthly benefit? |
- In the event of an active member’s service-connected death, the COLA is applied to the qualified survivor’s benefit on July 1 following the effective date of the qualified survivor’s pension.
- In the event of an active member’s nonservice-connected death while eligible for a service pension, the COLA is applied on July 1 following the date the member had (or would have had) 26 years of service, or the fifth anniversary of the qualified survivor’s pension, whichever is earlier.
- In the event of a retired member’s death, the COLA is applied on July 1 following the date on which you had (or would have had) 26 years of service, or the fifth anniversary of your pension, whichever is earlier.
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For more information, please refer to the Tier 2 Pension Plan Summary Plan Description (SPD).
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