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COLA for Job Service Retirees

Posted 11/09/20 (Mon)

Members, who retired from the Job Service of North Dakota Retirement Plan, will receive a 1.3% cost-of-living-adjustment (COLA) in their monthly retirement benefit. The increase is effective December 1, 2020 as approved by the NDPERS Board.

As a reminder, Job Service retirees receive an annual COLA in alignment with the national Consumer Price Index. A special provision by the U.S. Department of Labor allows this COLA as long as the same increase has been approved for members of the Federal Civil Service Retirement System first.

The Job Service Retirement Plan is closed to new employees.