PERS mails Cost-of-Living Adjustment (COLA) notices in late June/early July of each year to inform lump-sum COLA recipients of the changes being made to their lump-sum COLA amount, as well as the projected amount to be withheld in taxes.
Monthly COLA recipients can make tax-withholding changes throughout the year; but, lump-sum COLA recipients must make tax-withholding changes by October 31 of each year so that their change will be in effect for their annual payment in December. Because of this, we routinely send COLA notices out in the summer to give enough time for review and request submission.
Retirees who did not receive or no longer have their notice may contact PERS for a duplicate.
