2025 Cost of Living Adjustment

At the September 11, 2025, Board meeting, the Retirement Board carefully reviewed the Cost-of-Living Adjustment (COLA) for the upcoming year. After extensive discussion, the Board made the difficult decision not to elect a COLA at this time.

This decision was not made lightly. A variety of factors were considered, including economic conditions, the long-term outlook of the plan, and our fiduciary responsibility to all members. Ultimately, the Board’s top priority is to keep the Retirement System Actuarially Sound so it remains strong and sustainable for both current and future retirees.

We recognize the impact this decision may have, and we want to assure you that the Board remains committed to balancing the financial well-being of our retirees with the long-term health of the System.

If you have any questions, please do not hesitate to contact me at (816) 482-8157 or [email protected].