Cost of Living Adjustments for 2021
Posted on 06/29/2021
Social Security has announced that they will be granting a cost of living increase of 1.3% 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% | 5% |
| Members retired on or after September 1, 1992 and joined the system prior to July 1, 2007 | 1.3% | 1.3% |
| 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 page.