State Employees, Teachers, Judges and State Police Retirees
State employees, teachers, judges and state police retirees who retired before June 30, 2012 are eligible to receive a ‘4-Year’ COLA in 2017. State employees, teachers and judges who retired between July 1, 2010 and June 30, 2012, and who were not eligible to retire before July 1, 2010, and are at least 65 years old as of December 31, 2017, are eligible to receive the ‘4-year’ COLA. The COLA is applied to the first $31,318 of a pension and will begin in the month following the members’ date of retirement.
State employees, teachers, judges and state police retirees who retired after June 30, 2012 become eligible to receive a ‘4-Year’ COLA after reaching Social Security Normal Retirement Age (SSNRA) AND the three-year anniversary of the member’s retirement date. The COLA is applied to the first $31,318 of a pension benefit and will begin in the month following the 3-year anniversary date of the member’s retirement or SSNRA, whichever is later.
If you have specific questions about your eligibility, please contact ERSRI at (401) 462-7600. The ERSRI Customer Service Center is open Monday - Friday from 8:30 a.m. until 4:00 p.m.
Note: This information is prepared exclusively for use by members of the Employees’ Retirement System of Rhode Island. It is not intended as a substitute for the Rhode Island General Laws (R.I.G.L.) nor will its interpretation prevail should a conflict arise between the contents of this summary and R.I.G.L. s. Rules governing retirement are subject to change periodically either by statute of the Rhode Island Legislature or by regulation of ERSRI.