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.

Learn more about the history of cost-of-living adjustments here.

2019

Legislation enacted in 2019 authorized a 1.5% COLA on the first $50,000 of an annual pension benefit to members who retired on or before July 1, 2014, or any beneficiary of such member who is receiving a survivorship pension benefit. The COLA will take effect on the retired member’s first anniversary date of retirement occurring after July 1, 2020.  Click here for details.

NHRS COLA History, 1997-2019

Employee Teacher Police Fire
 2019  1.5% COLA on the first $50,000 of an annual pension benefit to members who retired on or before July 1, 2014, or any beneficiary of such member who is receiving a survivorship pension benefit. The COLA will take effect on the retired member’s first anniversary date of retirement occurring after July 1, 2020. 
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.