Lol lol lol lol lol ... increase???? The state of Arizona???? That’s a joke right? State employees have had 1 raise in 23 years. The last mandated raise was in what ummm 2010
Unfortunately, there is no legislative mandate to provide cost of living (COLA) increases to retired members. While there is the possibility of Permanent Benefit Increases (PBI), those are based on excess funds, which have not been available. To learn the history of the PBI as well as the current status of the PBI, please visit: https://www.azasrs.gov/content/permanent-benefit-increase
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