ATLANTA – State Representative John Carson (R-Marietta), chairman of the House Retirement Committee, commends the recently adopted 1.5 percent cost-of-living adjustment (COLA) for retired state employees. The General Assembly has provided a one-time benefit adjustment to state retirees in recent years, but funding in the Fiscal Year 2023 budget allowed for the first true COLA for Employees’ Retirement System (ERS) members in 14 years. Retired state employees will begin receiving this COLA starting with their monthly benefit payment on Friday, July 29.
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