Inflation Erosion
KPERS has no automatic cost-of-living adjustment. 90.5% of current retirees have never received a COLA. See the real purchasing power of your fixed benefit over time.
- ✓30-year purchasing power projection
- ✓Configurable inflation rate (1%–8%)
- ✓Nominal vs. real value chart
- ✓Total purchasing power loss in today's dollars
Inflation Erosion
Inflation rate:3.0%
Monthly benefit: $2,000 · 30-year projection
NominalReal value
Purchasing Power Summary
Today's value$2,000/month
Year 20 real value$1,108/month
Year 30 real value$824/month
30-year loss (today's $)−$176,400
No COLA: 90.5% of current KPERS retirees have never received a cost-of-living adjustment. A $1,400/month benefit from 2003 has the purchasing power of approximately $870 today.
Source: klrd.gov · KPERS COLA Analysis 2024