COVID + Pensions = Cost of Living Adjustments

Where: Oklahoma

What: Approved a Cost of Living Adjustment payment to 6 state pension systems

Why the COLA?

• The last COLA was 12 years ago
• time to “take care of those who have taken care of us”

The legislation: HB 3350 (2020 | OK)

Oklahoma Senate | Senate approves COLA for state retirees