As the cost of living rises, so will your pay. Your Cost-of-Living Adjustment (COLA) is based on the Consumer Price Index (CPI) for the previous year as determined by the U.S. Bureau of Labor Statistics.
The COLA is calculated for the previous year each January. Retirees will be eligible for the previous year's COLA on the anniversary of their retirement date.
The URS COLA is calculated using the average CPI for the calendar year compared to the average CPI for the previous calendar year. You may be familiar with another method of calculating the CPI which is frequently reported in the news media. This method shows the change in the CPI from Dec. 31 of the current year to Dec. 31 of the previous year. This table shows the CPI calculation for the last several years using each method.
|Year||Dec. 31 / Dec. 31 CPI||Average / Average CPI |
(used by URS)
If you have questions about your URS retiree COLA please call 801-366-7770 or 800-695-4877.
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