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  1. www.strsoh.org › receiving-benefits › colaCOLA - STRS Ohio

    Cost-of-Living Adjustment (COLA) New STRS Ohio benefit recipients are eligible to receive a COLA beginning on the fifth anniversary of their retirement date.

  2. 26 Μαΐ 2023 · New STRS Ohio benefit recipients are eligible to receive a COLA beginning on the fifth anniversary of their retirement date. Retirees who started receiving benefits on June 1, 2019, or earlier will be eligible for this COLA in fiscal year 2024 (July 1, 2023–June 30, 2024).

  3. 23 Φεβ 2017 · Board may grant a COLA of no more than 3%, however a benefit recipient age 65 or older whose benefit is less than 185% of the federal poverty limit for a family of two receives a 3% COLA. HPRS. Recipients whose benefit effective date is on or after January 7, 2013 will not be eligible for a COLA until age 60.

  4. 23 Μαρ 2022 · In March 2022, the State Teachers Retirement Board approved a 3% cost-of-living adjustment (COLA) to eligible benefit recipients for fiscal year 2023, effective July 1, 2022. An increase of 3% will be added to the base benefit on the retirement date anniversary and each month thereafter.

  5. Cost-of-Living Adjustment (COLA) Feb. 21, 2024 Following the acting executive director’s presentation at each town hall, members have the opportunity to ask questions of the STRS Ohio staff.

  6. 20 Ιουλ 2023 · OPERS announces COLA for 2024. Inflation-based adjustment to be 2.3%, based on government statistics. By Michael Pramik, Ohio Public Employees Retirement System. July 20, 2023 – Cost-of-living adjustments for OPERS members in 2024 will be either 3 percent or 2.3 percent, depending on when members began receiving a benefit.

  7. 19 Σεπ 2024 · If you are eligible to receive a COLA on your SERS service pension or disability allowance, and you also receive a Social Security benefit based on a spouse, ex-spouse, or deceased spouse’s work record, you must report your COLA to Social Security. The below chart illustrates when you need to report your SERS pension to Social Security.

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