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Retirement Planning

Summer 2024 Retiree News

By Brandi Alexander - July 29, 2024

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This edition of Retiree News is all about COLAs, 13th Checks, beneficiaries, and more.

Retirees, it's time to review this year's legislative updates and how they may impact your retirement. Not sure what these changes mean? Don't worry, we break it down for you! Read what COLAs (Cost of Living Adjustments), SRAs (Supplemental Reserve Accounts), and 13th Checks are, their importance, and how they are determined.

As always, it's important for all of our members to prepare for the unexpected. One of the ways you can assure your finances are in good hands after your passing is to keep your beneficiary options up to date. In this edition of Retiree news, you will learn how to assign or update your beneficiaries to ensure a smooth transition for your loved ones.

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