No 13th Checks are being issued to INPRS members in 2022. There will be cost-of-living adjustments for the following plan retirees:
Retired 1977 Fund members will receive a 3% cost-of-living adjustment (COLA) effective July 1, 2022. This includes all retired, disabled, and surviving beneficiaries of members of the fund for benefits that began on or after Dec. 31, 2021.
The COLA for the 1977 Fund is linked to the Consumer Price Index (CPI). This was approved by the INPRS board.
Judges’ Retirement System
Retired Judges’ plan members will receive a 3.33% cost-of-living adjustment (COLA) effective July 1, 2022.
The COLA benefit increase of 3.33% is based upon the state-mandated increase to the salary for actively employed judges and magistrates in positions covered by the Judges' Retirement System.