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2.50% COLA Approved

Tier 1 retirees are eligible to receive a cost of living adjustment (COLA) annually. This adjustment is effective April each year and is first payable in April’s month-end payment.

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Tax Form Changes

Updated forms now required

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Member Contribution Rates

Fiscal Year 2023/2024

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2023 1099-R

MercedCERA mailed out 2023 1099Rs on January 25th. Retired members should receive it by February 15th.

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