Articles about the Cost of Living Adjustment (COLA) that may be useful to Massachusetts retirees

Local COLA News

Local COLA News

February 24, 2023,
WEEKLY REPORT FOR FRIDAY, FEBRUARY 24, 2023: Between the President’s Day holiday and school vacation week, there is not ...Read More - Local COLA News
CPI hits 8 7%

CPI hits 8.7%

October 14, 2022, ,
October 14, 2022: Thursday morning’s announcement by the Social Security Administration of an 8.7% COLA increase for 2023 ...Read More - CPI hits 8.7%
Retirees were heard

Retirees were heard

September 9, 2022, ,
9/9/22 Weekly Update: By CEO Shawn DuhamelBefore I jump into the news of the week, let me ...Read More - Retirees were heard
Legislation3

5% COLA For State and Teacher Retirees: Local Option Pending in Senate

September 1, 2022
September 2022 Voice: During the summer of 2021, as serious signs of inflation began to become evident, Mass Retirees ...Read More - 5% COLA For State and Teacher Retirees: Local Option Pending in Senate
5% COLA approved by legislature

5% COLA approved by legislature

July 22, 2022,
Awaits Approval By Governor BakerBy: Shawn Duhamel, Chief Executive OfficerMass Retirees AssociationOur efforts to pass a 5% COLA for ...Read More - 5% COLA approved by legislature
Legislature Approves 5% COLA With Local Option

Legislature Approves 5% COLA With Local Option

July 18, 2022,
Budget Measure Now Before Governor BakerJULY 18, 2022: Late Sunday evening, House and Senate budget negotiators unveiled a compromise ...Read More - Legislature Approves 5% COLA With Local Option
House Approves Largest COLA Increase Since 1992

House Approves Largest COLA Increase Since 1992

April 27, 2022,
Local Retirement Systems Empowered to Increase COLA Up To 5% APRIL 27, 2022: Today, the Massachusetts House of ...Read More - House Approves Largest COLA Increase Since 1992
COLA improvements pending before House

COLA improvements pending before House

April 22, 2022,
APRIL 22, 2022: After nearly a year of preparation by our Association, debate is about to begin in the House ...Read More - COLA improvements pending before House
House FY23 Budget Contains 3% State and Teacher COLA

House FY23 Budget Contains 3% State and Teacher COLA

April 19, 2022,
Amendments Filed to Improve COLA Benefits APRIL 19, 2022: On Wednesday the House released their version of the ...Read More - House FY23 Budget Contains 3% State and Teacher COLA
Pension Fund Gains Added $70 Billion Over 10 Years

Pension Fund Gains Added $70 Billion Over 10 Years

February 17, 2022,
February 17, 2022: The state's pension fund has gained $70.6 billion over the past decade, exceeding its targets ...Read More - Pension Fund Gains Added $70 Billion Over 10 Years