The Middlesex County Retirement Board voted unanimously on March 21st to grant retirees the maximum allowable Cost of Living Adjustment (COLA). The maximum COLA allowed by law for retirees of the Middlesex County Retirement System is 3% of the first $14,000 of retirement benefits, or $420.00. This increase will take effect on July 1.
On February 28, 2018, members and beneficiaries who receive a pension, retirement allowance, or survivor’s allowance from the Middlesex County Retirement System were mailed a Benefit Verification Affidavit. If you are a benefit recipient, you must complete, sign and return the Affidavit certifying your eligibility to continue receiving benefits. Affidavits must be returned to our office by April 13, 2018 to avoid an interruption in benefit payments.
If you have any questions, please do not hesitate to contact our office. Thank you in advance for your cooperation.