Will there be a cost of living increase this year?
According to Missouri state law, each January MOSERS must compare the average Consumer Price Index (CPI) for the calendar year just completed (in this case 2010) to the average CPI from the prior year (2009) to determine the percentage change between the two years. The MOSERS COLA rate for any year is based on 80% of the percentage increase in the average CPI from one year to the next.
