2021 Cost-of-Living Adjustment (COLA)

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This year’s 2.0% Cost-of-Living Adjustment (COLA) will be effective April 1, 2021. The SBCERA Board of Retirement approved the COLA for Retirees and Beneficiaries at its Board meeting on February 4, 2021.

Retirees 

You can expect to see it reflected in your April 30, 2021 benefit payment. The SBCERA Board of Retirement approved the COLA for Retirees and Beneficiaries at its Board meeting on February 4, 2021. 

Active Members

Members who retire on or before April 1, 2021, will receive the 2.0% COLA, and the increase will automatically be included in benefit payments beginning April 30, 2021. 

You can find more information on our website at www.SBCERA.org/COLA.

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Coronavirus Updates

Our office is currently closed to the public, but we're working and available to assist you. Pension payments are on schedule and we are processing retirements. Visit our coronavirus (COVID-19) resource page for more information.

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