Effective January 1, 2011, the rate for Retiree Cost of Living
Adjustments was reduced from 70% to 50% of CPI. This decision was
made in the budget process and approved by the City Council for
implementation in calendar year 2011.
An Annuity Increase – also called a Cost of Living Adjustment
(COLA) – is an option chosen by cities to increase annuities for
retirees. We have posted a document that was written by TMRS that
explains what these adjustments mean for Retirees and how these
adjustments are calculated.
Additionally, there is a section in the document that explains
what happens when a City chooses to lower its COLA, as the City of
Arlington did in 2011.
If you should have any questions regarding the reduction in the
COLA and what it may mean for you specifically, you may contact TMRS