Subject: Pension Fund COLA-San Antonio Fire & Police Pension Fund
The CPI-U (COLA) for calendar year 2018 has been released and is 1.9%. This COLA increase will be effective as of January 1, 2019. For those who retired effective 9/30/99 or earlier you will receive a 1.9% increase in your monthly pension check.
For those who retired from 10/01/99 through 1/01/2018 you will receive a 1.4% increase in your monthly pension check.
Finally, for those who retired in 2018, you will receive a prorated share of the 1.4% amount based on full moths retired in 2018. You will see the increase in your January 2019 check.
Harry Griffin, Board Member
Fire and Police Pension Fund