2021 Cost of Living (COLA) Adjustment

February 19, 2021

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

Retirement Dates Adjustments
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)?