NOTICE: Due to Covid-19 TRB staff will be telecommuting with limited access to voicemail. Please dial 800-504-1102 option 1 for retirement benefits or option 2 for fiscal. Please email the designated department under Contact Us. Applications must be mailed to TRB by 6/30/2020 for a 7/1/2020 retirement. Thank you for your patience. Contact Us

Cost of Living Adjustments for 2020

Posted on 1/13/2020

Social Security has announced that they will be granting a cost of living increase of 1.6% 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% Not Available
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 2020 page.