Chatter

Overheard.....

"I was told that when inflation is low, as in the past few years, we would get nothing. 2%, established in law, is likely to be more beneficial than a variable COLA. And you can be sure that if the Legislature ever gave the STRS Board the authority to establish the COLA on a yearly basis, they would cap it at no more than 3%."

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"Perhaps a variable COLA would work to the advantage of the retirees. When inflation is high -- we get more COLA!"