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Retirement Board Approves Supplemental COLA, Effective July 1, 2025

Published: November 13, 2025

During the November 12, 2025, meeting, the SFERS Retirement Board approved a Supplemental Cost of Living Adjustment (COLA) for qualified retirees or their entitled beneficiaries.

Effective July 1, 2025, in accordance with Charter Sections §A8.526-3, retired members with hire dates before January 7, 2012, will receive the following adjustment:

  • Miscellaneous and New Plan Safety Retirees: 2% based on the June 30, 2025, retirement allowance. Consequently, the Supplemental COLA provides an additional 1.5% increase to eligible payees.
  • Old Plan Safety Retirees: The amount will depend on any Basic COLAs granted between July 1, 2025, and June 30, 2026.

In accordance with Charter Section §A8.526-4, no supplemental COLA will be paid to retired members hired on and after January 7, 2012, because the System is not fully funded. 

Image of San Francisco's  Painted Ladies with the title Retirement Board Approves Supplemental COLA, Effective July 1, 2025