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09/23/2026

Letters Detailing 2026 COLA Payments Mailed Yesterday

SERS mailed personalized letters to approx. 19,000 retirees detailing the amount of each member’s 2026 COLA (cost-of-living adjustment) increase and when they can expect payment.

Eligible recipients will be issued two payments next week. While their September payment will include the 2026 COLA increase, they also will receive a separate payment for the increase owed in July and August.   

As part of the commonwealth’s fiscal year 2026-27 budget, the General Assembly approved a COLA for SERS members who retired on or before 7/1/2001. The increases, retroactive to 7/1/2026, range from 15% to 24.5% of each recipient’s July 2026 gross pension payment.

For more information, see the 2026 Cost of Living Adjustment fact sheet.

07/28/2026

Penn SERS Invests $150 Million in Private Equity and Adjusts Public Equity Portfolio

HARRISBURG – The Pennsylvania State Employees’ Retirement Board, meeting here today, approved a private equity investment of $150 million and adjusted the Fund’s public equity portfolio.

Read The Press Release

07/28/2026

Montoursville Regional Office Closure

Due to water access issues, the Montoursville Regional Office will be closed to in-person services on Tuesday 7/28. SERS staff will be supporting our members remotely. 

07/13/2026

RETIREES: COLA (Cost of Living Adjustment) Approved
Governor and State Legislature Approve Pension Increases for
those who retired on or before 7/1/2001

Pension increases for those who retired on or before 7/1/2001 were approved by the Governor and state legislature as part of the commonwealth’s fiscal year 2026-27 budget.

Learn More