Cost of Living Adjustments (COLA) as of April 1, 2023

For April 1, 2023, the Average Annual change in the West Region CPI is 8.01%, rounded to the
nearest ½% for a COLA adjustment of 8.00%. Eligible members who retire before April 1, 2023
will receive a 3.0% COLA adjustment. The remaining 5.0% will be rolled into a “COLA Bank” to be
granted in future years where the calculated COLA is below 3%. Eligible employees who retire
on or after April 2, 2023 will not receive any adjustment. Employees in Tiers 4 and 5 are not
eligible for COLA increases in retirement.

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Call our office at 559.457.0681 if you have any questions.

Fresno County Employees’ Retirement Association Announces $45 Million Impact Investing Initiative with RBC Global Asset Management

You can find more information here.