2026 Cost-of-Living Adjustment (COLA)
January 8, 2026
The SBCERA Board of Retirement has approved a 2% Cost-of-Living Adjustment for retirees and beneficiaries, effective April 1, 2026.
RETIREES & eligible beneficiaries
Retirees and eligible beneficiaries with a benefit effective date on or before April 1, 2025 have at least 2.5% in their respective accumulated COLA banks and will receive an increase of 2%. You can expect to see it reflected in your April 30, 2026 benefit payment.
ACTIVE MEMBERS
Members who retire on or before April 1, 2026, will receive a 2% COLA, and the increase will automatically be included in the benefit payments beginning April 30, 2026.
Learn more: www.SBCERA.org/COLA