June 04, 2024
Cost of Living Adjustment - Effective 7/1/2024
The MAGISTRATES RETIREMENT FUND of GEORGIA is pleased to announce that the Board of Commissioners approved a Cost of Living Adjustment (COLA) for all current and future retirees at the June Board meeting. The 1.5% increase will be effective as of July 1, 2024.
Current recipients will see this change on the payment issued on the last banking day of July 2024.
If you need to update your tax withholdings, please complete and return the
Income
Tax Withholding Form
.
We are delighted to share this news with you. Please contact our office with any questions or concerns.