Bob Buerkle's updated COLA Loss Chart, presented to STRS board September 20, 2024

From Bob Buerkle

September 20, 2024

The following COLA Loss Chart shows you how much your losses are when STRS fails to pay you a Cost of Living Adjustment, which should have been added to your original base pension amount annually.  This chart is based on current STRS COLA and ORC 3307.67 rules and for a 2% COLA worth $1000.  If your personal COLA has a value of $500, your losses would only be half as much as the chart shows.  If your personal COLA has a value of $2000, your losses would be twice as much as the chart shows.  Further explanations are shown in the paragraphs following and below the COLA Loss Chart.