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There was no cost of living adjustment (COLA) increase approved for PERF members.
PERF 13th check: Provides that not later than Oct. 1, 2012, the Board shall pay a 13th check to a member (or survivor or beneficiary of the member) who retired or was disabled on or before Dec. 1, 2011, and who is entitled to receive a monthly benefit on July 1, 2012. The amount of the 13th check is as follows: