COLA

The Middlesex County Retirement System voted unanimously on March 16th 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 $16,000 of retirement benefits, or $480.00 per year.  The increase will take effect for eligibile retirees on July 1st.