Why No COLA? Updated for 2021

For retirees who are already receiving social security benefits, the Social Security COLA for 2021 was 1.3%. The Social Security Administration announces the new rate annually in October. Once the new COLA is confirmed, it will go into effect in January 2022.

Per Missouri law (RSMO 169.324.3,) the Kansas City Public School Retirement System (KCPSRS) is prohibited from granting a COLA unless the following two requirement are met: Read more here