Calpers 2024 Cola Update Today. At its may 12, 2023 meeting, sdcers’ board of administration approved the cost of living adjustment (“cola”) that will be applied to eligible sdcers retirees’ (including active. Both calstrs and calpers have mechanisms in place to guard a retiree’s defined benefit pension against eroding purchasing power.

There are three dates that may have a financial impact on your calpers retirement: Retirement benefits • news & events.