South Dakota
Retirement System
Proudly Serving South Dakota's Public Employees Since 1974


Cost-of-Living Adjustment

Your monthly lifetime retirement benefits are protected against inflation. The cost-of-living adjustment (COLA) is an annual increase in the amount of monthly benefits effective on July 1 of each year, compounded annually, for all eligible member benefit payments. The COLA is indexed to the Consumer Price Index (CPI) and based on SDRS' funded status:

To be eligible for a COLA, the member must have received full benefit payments and must not have been employed by an SDRS-participating employer during the entire previous fiscal year period (July 1 - June 30).

When the COLA occurs, you will receive a notification from SDRS regarding the increase in your monthly payment.

Cost-of-Living Adjustment: 10-Year History

Effective Date COLA %
07/01/2016 3.1%
07/01/2015 3.1%
07/01/2014 3.1%
07/01/2013 2.1%
07/01/2012 3.1%
07/01/2011 2.1%
07/01/2010 2.1%
07/01/2009 3.1%
07/01/2008 3.1%
07/01/2007 3.1%