| 2009 COLA Information |
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The 2009 cost-of-living adjustment (COLA) for PERS retirees and beneficiaries receiving a monthly benefit is 2 percent.
The increase is effective July 1, 2009, and payable with the August 1, 2009 benefit payment.
Tier One and Tier Two members who retired on or before July 1, 2009, will receive a 2 percent COLA.
For OPSRP Pension Program retirees who have been retired for less than 12 months, the COLA is pro rated based on the number of months the benefit was received before July 1, 2009.
COLAs are based on the annual Consumer Price Index for the Portland-Salem area and are capped at 2 percent.
The Bureau of Labor Statistics of the U.S. Department of Labor publishes the Consumer Price Index.
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