Calpers Cola Increase 2024 Update Today. Check out our extensive guide on calpers cola 2024 to learn about the 2024 cost of living adjustment (cola), the recent changes to the cola program, and. City average) to your 2%, 3%, 4%, or 5% adjustment.

This benefit typically begins the second calendar year of retirement, although the annual rate of inflation and retirement law could affect the onset. The compensation limit for classic members for the 2024 calendar year is $345,000.