NOTICE: TRB Medicare Open Enrollment begins October 15, 2019. The Enrollment Meeting Schedule was last updated on 10/11/2019. Click here for more information. TRB Medicare Open Enrollment 2020

Cost of Living Adjustments for 2019

Posted on 7/1/2019

Social Security has announced that they will be granting a cost of living increase of 2.8% for the year.   Based on the statutes governing Cost of Living Adjustments (COLA) for CTRB members, the Connecticut Teachers’ Retirement Board will be granting COLA as follows.


 
COLA Group January COLA Increase July COLA Increase
Members retired prior to September 1992 3% 3%
Members retired on or after September 1, 1992 and joined the system prior to July 1, 2007 1.5% 1.5%
Members retired on or after September 1, 1992 and joined the system on or after July 1, 2007 1% 1%

 

For more information on the current COLA please visit the Cost of Living Adjustments for 2019 page.