COLAs

Cost-of-living adjustments (COLAs) and other supplemental allowances are not automatic every year.  The Legislature must vote annually on what, if any, COLAs or other allowances will be granted.

2018

Legislation enacted in 2018 did not include a COLA for eligible retirees or their eligible beneficiaries. A one-time, $500 payment was authorized to eligible retirees. Click here for details.

NHRS COLA History, 1997-2018

Employee Teacher Police Fire
2018

No COLA

$500 payment to retirees who meet all of the following criteria:
-The member retired with at least 20 years of creditable service;
-The member retired and has been receiving an allowance for at least 5 years prior to July 1, 2018;
-The annual retirement allowance of the member on June 30, 2018, is not greater than $30,000.

2013-17 None None None None
2011-12

No COLA          

$500/$1K TSA* for political subdivision retirees receiving Medical Subsidy ($300/$600 for Medicare-eligible political subdivision retirees receiving Medical Subsidy)

2008-10

1.5% COLA on first $30K of base pension, plus:

$1K TSA if base pension is less than $20K and retiree had at least 15 years of creditable service

$500 TSA if retired before 1/1/93 - $500/$1K TSA if receiving Medical Subsidy           

2007 2.25% 2.25% 2.25% 2.25%
2006 1% 1% 1% 1%
2005 1% 1% 1% 1.5%
2004 1% 1% 1% 2.25%
2003 2% 2% 2% 3.5%
2002 2% 3% 2% 3%
2001 3.5% 3.5% 3.5% 3.5%
2000 4.5% 4.5% 4.5% 4.5%
1999 4% 4% 4% 4%
1998 4% 4% 4% 4%
1997 5% 5% 5% 5%
* A temporary supplemental allowance (TSA) is a one-time payment.