2025 COLA Update

Eligible PERA retirees will be receiving a 0.63% compounding COLA, which will be included with your July 31, 2025, benefit payment. A letter from PERA's actuarial firm Gabriel, Roeder, Smith and Company that details the COLA calculation can be found by clicking the link below.

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Updated PERA forms

PERA is proud to announce the launch of 11 updated forms. The new forms include a QR code for easier member and employer access as well as a barcode for streamlined internal processing. Please visit the link below and look for the forms marked “New”. Please discontinue use of older versions of these forms.

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A note from PERA's Chief Investment Officer

Dear PERA Members,

Given the recent volatility and downturn in the stock market, I thought it would be a good time to remind our members how our investment program is structured and why. The defined benefit plan, or PERA fund, is designed for the long-term. Meaning, the PERA Board approved a long-term Strategic Asset Allocation (SAA), which the investment staff allocates to various active and passive investment managers. The SAA is designed to be a well-diversified portfolio, that will only change every 3-4 years. This is opposed to a Tactical Asset Allocation (TAA), which may be changed constantly depending on the staff’s view of market conditions and the macroeconomic environment. To read more, click the link below.

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PERA Phone Numbers

To better serve our members, retirees and employers, PERA now has new toll-free and direct dial phone numbers. You can now reach PERA toll-free at (866) 678-0670 or direct dial (505) 542-6220.

Online payment for purchase of service through Automated Clearing House (ACH) available

Members paying by Automated Clearing House (ACH) can now complete the purchase of Non-Intervening Military, Airtime, Withdrawn Service, Legislative Service Credit, Co-op Service and/or Prior/Delayed Service online.

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