Retirees

Spotlight PA | Many Pennsylvania state retirees say they can’t afford inflation on their stagnant pensions

by DaniRae Renno for Spotlight PA | July 27, 2023

"Enrollees in Pennsylvania’s two public sector pension funds — the State Employees’ Retirement System (SERS) and the Public School Employees’ Retirement System (PSERS) — haven’t seen a cost of living adjustment, or COLA, since 2004. Nearly 40 other states grant some sort of COLA to retirees."