Annual Benefit Increases
In retirement, eligible PERA benefit recipients receive annual increases (AI) to their monthly benefits. All AIs are paid in July and subject to change with the automatic adjustment provision.
You may have to meet certain eligibility requirements before receiving your first AI. See the Annual Increases for Benefit Recipients fact sheet for eligibility details.
The next AI will be paid in July 2027 to eligible benefit recipients. See table for AI percentages:
| Annual Benefit Increases | PERA benefit structure members who joined before Jan. 1, 2007 & all DPS benefit structure members | PERA benefit structure members who joined on or after Jan. 1, 2007 |
|---|---|---|
| AI paid in July 2026 | 1.0% | 1.0% |
| AI to be paid in July 2027 | 1.0% | The lesser of 1.0% or the average of the monthly CPI-W* for 2026 (to be announced in late June/early July 2027), and cannot exceed 10% of the divisional AI reserve. |
* The Consumer Price Index (CPI) is published by the federal Bureau of Labor Statistics as a measure of the average change over time in the prices paid for consumer goods and services. The CPI-W stands for the Consumer Price Index for Urban Wage Earners and Clerical Workers and is a subset of the CPI.
