Articles about the Cost of Living Adjustment (COLA) that may be useful to Massachusetts retirees
Mass. Economic Roundtable Provides Fiscal Update
October 7, 2020News3% State / Teacher COLA Remains Delayed With FY21 BudgetOctober 7, 2020: State officials held a special Economic Roundtable meeting ...Read More - Mass. Economic Roundtable Provides Fiscal Update
3% State / Teacher COLA Approved
September 16, 2019NewsWork Now Underway On Future COLA ImprovementsSeptember 2019: Since the state budget was not be approved by Governor Charlie Baker ...Read More - 3% State / Teacher COLA Approved
New COLAs Adopted By All Local Retirement Boards
September 15, 2019NewsEntering Their Third Decade of IncreasesSEPTEMBER 2019: Not to be outdone by the state and teachers’ retirement systems, all 102 ...Read More - New COLAs Adopted By All Local Retirement Boards
Legislature Approves FY20 Budget; Includes 3% State & Teacher COLA
July 23, 2019NewsTo Be Paid in August and Retroactive To July 1JULY 23, 2019: State & Teacher retirees are set to ...Read More - Legislature Approves FY20 Budget; Includes 3% State & Teacher COLA
State Lawmakers Reach Compromise On $43.1 Billion State Budget
July 21, 2019NewsSTATEHOUSE, BOSTON, JULY 21, 2019 (STATEHOUSE NEWS SERVICE) – Three weeks after the start of the new fiscal year, Democratic leaders ...Read More - State Lawmakers Reach Compromise On $43.1 Billion State Budget
Treasurer Goldberg Delivers July COLA
July 27, 2018News3% For State & Teacher RetireesThanks to State Treasurer Deb Goldberg, as well as the State Employees and Teachers Retirement ...Read More - Treasurer Goldberg Delivers July COLA
State Budget Deal Reached
July 19, 2018News3% State & Teacher COLA Retroactive to July 1JULY 18, 2018: House and Senate budget negotiators have reached agreement ...Read More - State Budget Deal Reached
Trump thanks federal employees with $143.5 billion in retirement cuts
May 9, 2018NewsBy Joe Davidson, Washington Post President Trump really knows how to say thank you. Just as festivities geared up ...Read More - Trump thanks federal employees with $143.5 billion in retirement cuts
Future State and Teachers’ COLA Base Hurdles
January 9, 2018NewsChallenges In Achieving Higher AmountsIt’s been five and a half years – July 2012 to be exact – since state and ...Read More - Future State and Teachers’ COLA Base Hurdles
Negotiations Continue Over FY18 State Budget
July 6, 2017News3% State & Teacher COLA Awaits Final Approval JULY 6, 2017: Mass Retirees officials are closely monitoring developments on ...Read More - Negotiations Continue Over FY18 State Budget