State Of Maryland Retirees Cola 2025

State Of Maryland Retirees Cola 2025. The cola is designed to help maintain the purchasing power of pensions in the face of inflation. 1, 2025, those who have been continuously employed with the state since june 30, 2019, will receive an additional longevity step.

I think the writing is on the wall and i don’t see good things in the future for state employees. Eligible payees (retirees and beneficiaries) of the maryland state retirement and pension system will notice a boost in their monthly allowance beginning in july as the 2024.