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.

2017

Legislation enacted in 2017 did not include a COLA for eligible retirees or their eligible beneficiaries. As a result, annual pension benefits will remain at current levels.

NHRS COLA History, 1997-2017

Employee Teacher Police Fire
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.