Each year, the Office of the State Actuary calculates the LEOFF Plan 2 Cost-of-Living-Adjustments (COLA) at the request of the Department of Retirement Systems. Here are the 2021 results:
COLAs as of July 1, 2021
|July 2, 2020 to July 1, 2021||0.00%|
|January 1, 2020 to July 1, 2020||1.90%|
|July 2, 2019 to December 31, 2019||3.00%|
|January 1, 2019 to July 1, 2019||1.90%|
For additional information, read the full report.
Remember, because of COLA banking, your retirement date has little to no impact on your benefit. Watch this video for how it works: How does my LEOFF 2 retirement date impact cost of living adjustments (COLA)?