Welcome to NPERS!
Welcome to NPERS!


        





2017 School, Judges, & Patrol COLA

 

July 19, 2017

The 2017 annual Cost of Living Adjustment (COLA) has been determined for School, Judges, and Patrol members as authorized by Nebraska Statutes. COLA's are calculated using the consumer price index – capped at a maximum of 2.50% percent or 1.00% depending on plan provisions.

For the year ending June 30, 2017, the CPI increase was 1.498%. As a result, retirees with a COLA cap of 2.50% will receive a 1.50% increase, and retirees with a COLA cap of 1.00% will receive a 1.00% increase.

NPERS will issue correspondence to all affected retirees at the end of July. This letter will explain the type of COLA and actual dollar amount increase. July 2017 retirement benefits, paid at the end of this month, will include the COLA adjustment.

For more information on COLA provisions, please refer to your Plan Handbook.




© NPERS 2001 All Rights Reserved    Terms of Use    Online Privacy & Security Policy    Nebraska State Home Page