The History of COLAS 1969-2007
2007 One time check based on formula — $24 per year of service for anyone receiving a benefit check on December 1, 2007.
2006 Cost-of-living increase on October 1, 2006 of 7 % of gross benefit for those retiring prior to 10/1/05.
2005 Cost-of-living increase on October 1, 2005 of 4 % of gross benefit for those retiring prior to 10/1/04.
2002 Cost-of-living increase on October 1, 2002 of 3% of gross benefit.
2000 Cost-of-living increase on October 1, 2000 of 4% of gross benefit.
1998 Cost-of-living increase on October 1, 1998 of 4% of gross benefit plus $2.00 per month for years of service.
1996 Cost-of-living increase on October 1, 1996 of 2% of gross benefit plus $1.00 per month for years of service.
1994 Cost-of-living increase on October 1, 1994 of 2.5% of gross benefit, $1.50 per month for years of service and $1.00 per month for years of retirement.
1993 Cost-of-living increase on October 1, 1993 of 1.28% of gross benefit, $1.28 per month for years of service and $1.28 per month for years of retirement.
1990 Cost-of-living increase of $1 per month on October 1, 1990 for each year of service and $3 per month for each year of retirement
1988 Cost-of-living raise of $1 per month on October 1, 1988 for each year of service. On October 1, 1989, the cost-of-living allowance increased to $2 per month
1985 Cost-of-living raise of $2 per month for each year of creditable service. 1982 Cost-of-living-increase of $1 per month for each year of service.
1980 Cost-of-living increases from $30-60 per month.
1978 Cost-of-living increases from $30-$60 per month.
1975 15% increase in retirement formula with 15% increase guaranteed to all retirees Retirement after 30 years with no penalty.
1973 Minimum benefit increased 66-2/3% for pre October, 1971 retirees 1971 40% increase in retirement formula
1969 10% benefit increase to all not already drawing $400 per month