2025 COLA

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.

The MercedCERA Board voted unanimously via roll call vote to approve the COLA rate recommended by Cheiron of 2.5% to Tier I retirees who retired April 2, 2024 through April 1, 2025. Members who retired prior to April 2, 2023, have a COLA bank and will use their accumulated COLA carry-over balance to complete the 3% maximum COLA authorized by the MercedCERA Board of Retirement.