COLA of 2% Approved for FY2021

At their meeting held on Monday, April 27, 2020, the Essex Regional Retirement Board approved a 2% COLA for all eligible retirees effective as of July 1, 2020.  The 2% COLA is applied to the first $14,000 of your benefit and will appear in your July retirement benefit payment.  A Notice of Deposit will be sent to all eligible retirees in July showing the changes in the retirement benefit as a result of the application of this COLA increase.