News

COLA

For the 18th consecutive year since the law was enacted, the Middlesex County Retirement Board voted unanimously on April 13th 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.