The Cost-of-Living Adjustment (COLA) for eligible TVA retirees and beneficiaries will be 2.21% for 2019. Eligible retirees and beneficiaries will see the increase in checks beginning January 31, 2019.
The TVARS Rules and Regulations provide that eligible retirement benefits (pension and supplemental
benefits) will receive a COLA based on an inflation measure, which is the Consumer Price Index – All Urban Consumers (CPI-U) – an index maintained by the U.S. Labor Department that measures the price changes in a broad group of various goods and services purchased by consumers.
Under the TVARS Rules, the COLA is calculated as the percentage change in the average CPI-U for the period of November 2016 – October 2017 to the period November 2017 – October 2018 (2.46%) minus 0.25%.
