Retirees and beneficiaries of the Maryland State Retirement and
Pension System will receive an increase in their retirement
payment effective this July as the annual cost-of-living
adjustment (COLA) takes effect.
For all eligible retirees who retired on or before July 1, 2015,
the COLA increase will be 0.119%. Since this year’s COLA rate
does not exceed the system limit or cap in place for retirees of
the Pension System, all eligible retirees will receive the full