Learn what a Cost of Living Adjustment (COLA) is, why Sonoma County retirees have not received one in years, and what SCARE is doing to advocate for restoring purchasing power.
A Cost of Living Adjustment (COLA) is an increase to retirement benefits meant to help retirees keep up with inflation.
Without regular COLAs, the value of a pension shrinks over time, even though expenses like housing, food, healthcare, and utilities continue to rise.
Why Haven't Retirees Received a COLA?
There has been no COLA since 2008. This is not because retirees don't deserve one — it is because:
Funding Requirements
COLAs must be funded by the County and require approval from the Board of Supervisors.
High Costs
The cost of restoring purchasing power after many years is now very high.
Reserve Policies
Past reserve policies (including the Negative Contingency Fund) have limited the ability to provide COLAs.
Ongoing Advocacy
SCARE continues to work with SCERA, the County Administrator, and the Board of Supervisors to change this.
What's Happening Now — Recent Progress
Latest Pension Report
Julie Wyne presented a comprehensive pension report to the Board of Supervisors Budget Workshop covering four COLA cost studies and extensive information on Sonoma County pensions.
Important: While current pensions cannot be cut, changes to pension funding can affect future COLA possibilities. Defending DB pensions protects both current and future retirees.
Key Facts to Share
0%
of retirees receive $2,500/month or less
<0%
of retirees receive 100k+ annually
~0%
of pension benefits come from investment returns, not taxpayers
0%
of purchasing power has been lost by those who retired before 1999
These facts help counter misinformation and highlight why COLAs matter.
A Cost of Living Adjustment helps your pension keep up with inflation so your buying power doesn’t shrink over time.
Why haven't retirees received a COLA since 2008?
Because COLAs require County funding and policy changes. The cost of restoring purchasing power after many years is very high and requires Board of Supervisors approval.
Who decides if a COLA is funded?
The Board of Supervisors must approve funding. SCERA provides analysis, but the County must commit the money.
What is SCERA
The Sonoma County Employees’ Retirement Association manages the pension system and provides reports and recommendations on COLAs.
Where do I find the newest updates?
On this page and the Pension & Retirement Info section of the SCARE website.
How much purchasing power have I lost?
You can check using the Purchasing Power Calculator, based on your retirement date.