Fairfax County Retirees and DROP Members
Cost of Living Adjustments (COLAs) for retirees and DROP participants in the Employees', Police Officers and Uniformed Retirement Systems, in the amount of 3.4%, will be effective July 1, 2024.
Each year, effective July 1, retiree benefits are increased by a cost-of-living adjustment (COLA) based on the increase in the Washington-Arlington-Alexandria DC-VA-MD-WV area Consumer Price Index (CPI-U) for the twelve months ending March 31. This "automatic" COLA is equal to the CPI increase up to a maximum of 4.0%.
The CPI, as defined by the United States Bureau of Labor Statistics, is comprised of several categories within an overall 'market basket.' For more information visit: https://www.bls.gov/regions/mid-atlantic/news-release/consumerpriceindex_washingtondc.htm
Please Note:
For members who have retired or entered DROP during the current fiscal year, COLAs are prorated as shown below according to the effective dates of retirement or DROP entry:
July 1st to September 30th.............75% of the COLA amount
October 1st to December 31st ........50%
January 1st to March 31st ..............25%
After April 1st ....................................0% COLA
| Consumer Price Index (CPI) and Cost of Living (COLA) History | |||||
| July 1 | Washington CPI-U | Retiree COLA | |||
| Employees’ | Police | Uniformed | |||
| 2024 | 3.4% | 3.4% | 3.4% | 3.4% | |
| 2023 | 3.7% | 3.7% | 3.7% | 3.7% | |
| 2022 | 7.3% | 4.0% | 4.0% | 4.0% | |
| 2021 | 2.6% | 2.6% | 2.6% | 2.6% | |
| 2020 | 0.4% | 0.4% | 0.4% | 0.4% | |
| 2019 | 1.6% | 1.6% | 1.6% | 1.6% | |
| 2018 | 1.8% | 1.8% | 1.8% | 1.8% | |
| 2017 | 0.3% | 0.3% | 0.3% | 0.3% | |
| 2016 | 1.0% | 1.0% | 1.0% | 1.0% | |
| 2015 | 0.2% | 0.2% | 0.2% | 0.2% | |
| 2014 | 1.6% | 1.6% | 1.6% | 1.6% | |
| 2013 | 1.4% | 1.4% | 1.4% | 1.4% | |
| 2012 | 2.8% | 2.8% | 2.8% | 2.8% | |
| 2011 | 3.0% | 3.0% | 3.0% | 3.0% | |
| 2010 | 2.3% | 2.3% | 2.3% | 2.3% | |
| 2009 | 0.4% | 0.4% | 0.4% | 0.4% | |
| 2008 | 4.7% | 4.0% | 5.0% | 4.0% | |
| 2007 | 4.1% | 4.0% | 5.0% | 4.0% | |
| 2006 | 3.3% | 3.3% | 4.3% | 3.3% | |
| 2005 | 3.9% | 3.9% | 4.9% | 3.9% | |
| 2004 | 1.9% | 1.9% | 2.9% | 1.9% | |
| 2003 | 3.6% | 3.6% | 3.6% | 3.6% (2) | |
| 2002 | 2.0% | 3.0% | 2.7% | 3.0% | |
| 2001 | 2.4% | 3.4% | 3.4% | 3.4% | |
| 2000 | 3.8% | 3.8% | 3.8% (1) | 4.1% | |
| 1999 | 1.6% | 2.6% | 2.6% | 2.6% | |
| 1998 | 0.8% | 1.8% | 1.8% | 1.8% | |
| 1997 | 2.2% | 2.2% | 2.2% | 2.2% | |
| 1996 | 2.1% | 2.1% | 2.1% | 2.1% | |
| 1995 | 2.4% | 3.4% | 3.4% | 3.4% | |
| 1994 | 2.0% | 3.0% | 3.0% | 3.0% | |
| 1993 | 3.8% | 4.8% | 4.8% | 4.8% | |
| 1992 | 2.7% | 3.5% | 3.7% | 3.5% | |