Chapters

00:00 - Introduction to COLA and its importance for Mississippi retirees

00:28 - Clarifying the purpose of a COLA and inflation’s effect on purchasing power

00:57 - Defining the Consumer Price Index (CPI) and inflation history

01:25 - How Mississippi’s fixed 3% COLA exceeds inflation, providing inflation protection

01:47 - The uniqueness of Mississippi’s COLA compared to other states

02:06 - The fixed and compounded nature of Mississippi’s COLA as a benefit

02:35 - The concept of compounding and its impact over 20+ years

02:44 - Comparing Mississippi’s COLA to other state pension plans

04:03 - How the fixed, growing COLA stabilizes retirement income

04:31 - Future episodes on COLA eligibility and calculations

04:48 - The long-term security that COLA provides for retirees

05:07 - Resources for official PERS rules and guidance

05:13 - How to submit questions and stay informed about future episodes