Cola 2024 Update Today 2024. The group then increased that number to 2.6%. This year’s 4.12% inflation rate will be used to calculate the 2024 cola for calpers retirees.
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The Social Security Cola For 2024 Is 3.2%.
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Calpers uses this methodology to calculate cola:
12, 2023 2:37 Pm Et.
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Official Amount And Who Will It Benefit?
The higher cola adjustment was the third this year after the reacceleration of inflation each month in 2024.
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Historically speaking, that’s actually not so low for a cola.