Annual Increase for 2017

April 12, 2017

Remember that any annual increase (AI) paid in 2017 will be paid beginning with your July 31 benefit check. 

Your AI could be between zero and 2 percent, depending on the following factors:

Retirees and benefit recipients in the PERA benefit structure who began membership before January 1, 2007, and all benefit recipients in the Denver Public Schools (DPS) benefit structure have an AI tied to PERA’s annual investment performance. Audited investment returns for 2016 will be available in late spring/early summer 2017. 

  • If PERA’s investment performance is above zero for the previous calendar year, then the AI paid the following July will be 2 percent.
  • If PERA’s investment performance is less than zero for the previous calendar year then the AI paid the following July will be based on the average of the monthly CPI-W amounts for the previous calendar year, not to exceed 2 percent.

Retirees and benefit recipients who began PERA membership on or after January 1, 2007, have an AI that is the lesser of 2 percent or the average of the monthly CPI-W amounts for the prior calendar year.

Remember that you may have to meet certain eligibility requirements before receiving your first AI. PERA’s Annual Increases fact sheet has more information.