The URS COLA is calculated each January based on the previous year’s Consumer Price Index (CPI) as determined by the U.S. Bureau of Labor Statistics.
Depending on the system from which you retired, your COLA is capped at 4% (for most systems, including Noncontributory) or 2.5% (Tier 2 systems and some public safety). Any amount in excess of 4% or 2.5% accumulates and will be used in subsequent adjustments when the annual increase is less than 4% or 2.5%.
COLAs are paid on the anniversary of your retirement date. We calculate your COLA based on the average monthly change in the CPI for the calendar year compared to the average CPI for the previous calendar year.
| Year | URS COLA |
|---|---|
| 2023 | 4.1%* (*Capped at 4% or 2.5%, depending on your system. The difference will accumulate and carry over in subsequent years when the annual increase is less than 4% or 2.5%) |
| 2022 | 8%* (*Capped at 4% or 2.5%, depending on your system. The difference will accumulate and carry over in subsequent years when the annual increase is less than 4% or 2.5%) |
| 2021 | 4.7%* (*Capped at 4% or 2.5%, depending on your system. The difference will accumulate and carry over in subsequent years when the annual increase is less than 4% or 2.5%) |
| 2020 | 1.2% |
| 2019 | 1.8% |
| 2018 | 2.4% |
| 2017 | 2.1% |
| 2016 | 1.3% |
| 2015 | 0.1% |
| 2014 | 1.6% |
Have questions about your URS retiree COLA? Please call 801-366-7770 or 800-695-4877.
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