b'2025 COST OFLIVING ADJUSTMENT IS 3.1%Continued from page 1HOW DOES THIS AFFECT *MusthaveretiredorenteredDROPwithapension LAFPP PENSIONERS? effective date prior to June 2, 2025, in order to have an This is an example of how a monthly pension benefit of available COLA bank balance. $6,000 would be affected by this years COLA of 3.1%. CONSUMER PRICE INDEX/BUREAU OF LABOR STATISTICSFor Tiers 1-2 TheCOLAisbasedontheannualchangeinthe3.1% of $6,000.00 = $186.00Consumer Price Index (CPI) as published by the U.S.$6,000.00 + $186.00 = $6,186.00 Bureau of Labor Statistics (BLS). Pursuant to the CityThe monthly pension benefit increases to $6,186.00of Los Angeles Charter/Administrative Code, the 2025 COLA was calculated based on the Los Angeles-LongFor Tiers 3-6 Beach-Anaheimareausinga12-monthperiodfrom March 2024 through February 2025.3.0% of $6,000.00 = $180.00 $6,000.00 + $180.00 = $6,180.00 The monthly pension benefit increases to $6,180.00Questions?For questions regarding the COLA, please contact the Retirement Services Section at (213) 279-3125, (844) 88-LAFPP, ext. 3125, or via email at [email protected] detailed information on the calculation of the CPI, please visit the BLS website at www.bls.gov/cpi or call (202) 691-7000. JUNE 2025 3'