Increase in COLA Base Effective 7/1/2023

Please be advised that at the January 25, 2023 meeting of the Bristol County Retirement Board, the Board voted unanimously to approve a 3% ($18,000 allowance limitation) Cost-Of-Living Adjustment for all eligible retirees and survivors of the Bristol County Retirement System effective July 1, 2023.

At that same meeting, the Board unanimously voted to increase the base to 3% of the first $20,000, subject to acceptance by the Bristol County Retirement Advisory Council.  This increase would be effective with the July 1, 2023 COLA.

Pursuant to M.G.L. Chapter 32, Section 103(j), please be advised that the Bristol County Retirement Advisory Council, at their meeting of March 31, 2023, voted unanimously to accept the vote of the Bristol County Retirement Board to increase the COLA base from 3% of the first $18,000 to 3% of the first $20,000.