CostofLiving Adjustment COLA
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Video Source: www.youtube.com/watch?v=TztKL8F7l8Y
Link to the Learning Guide: https://www.calpers.ca.gov/sources/me... • We're often asked if people get raises after they retire. The cost-of-living adjustment (COLA) may provide an increase to your retirement benefit to help keep up with inflation. In this video, we'll discuss what a COLA is, when you become eligible, and what percentage may be available to you. • @0:00 Presentation • @0:49 What is a COLA? • @1:18 Who get a COLA? • @1:36 How much is the COLA? • @3:02 When do I get a COLA?
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