Ct state retirees cola 2023 tier 2

7% for 2023.

. Using this measure, inflation is projected to reach its highest level since indexing began, causing 7%–11% increases for most limits, based on their rounding levels, according to. The annual COLA date for members retiring November through April. . . Age 62 with a minimum of 5 years of Actual State Service(link to SPD) Tier II. This estimator is for Connecticut State Employee Retirement System members who participate in the Tier II and IIA retirement plans in non-hazardous duty employment.

Retired state employees now get annual cost-of-living adjustments: a minimum of 2 percent and a maximum of 7 percent, depending on inflation. . Connecticut State Retiree Retirement Payroll Information. Member of the State of Connecticut Retirement Board. Published by: Actuary and Research | Email: webmaster@rrb. The Connecticut Teachers’ Retirement Board provides for an annual cost of living adjustment (COLA) once a member has been retired for at least a minimum of nine months.