Alaska Cost-of-Living Allowance (COLA) Affidavit of Residency 2026

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  1. Click ‘Get Form’ to open the Alaska COLA Affidavit of Residency in our editor.
  2. Begin by entering your full name in the 'COLA Recipient Name' field, including your last name, maiden name, first name, and middle initial.
  3. Input your Social Security Number or RIN in the designated field to ensure proper identification.
  4. Fill out your physical address accurately, including street, city, state, and ZIP+4 code. This is crucial for verifying your residency.
  5. Provide your mailing address if it differs from your physical address. Ensure all details are correct to avoid delays.
  6. Have an adult Alaska resident who is not related to you verify your residency by filling out their information in the certification section.
  7. Ensure that the verifier signs and dates the form. If necessary, have their signature witnessed by a DRB representative or a notary public.

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Age 60 for normal retirement or age 55 for early retirement if you first entered the PERS on or after July 1, 1986 (Tier II or Tier III).
Alaska Cost-of-Living Allowance The amount of COLA a PERS member receives is 10% of their base retirement benefit (or a minimum of $50 per month, whichever is larger).
COLA and Locality Pay Rates in Nonforeign Areas 2022 Nonforeign COLA Areas2022 COLA Rates (%)Locality Rates (%) Juneau, Alaska 2.48 30.421 Other Alaska 4.01 30.421 City and County of Honolulu, Hawaii 9.75 20.4019 more rows
COLA and Locality Pay Rates in Nonforeign Areas 2022 Nonforeign COLA Areas2022 COLA Rates (%)Locality Rates (%) Fairbanks, Alaska 2.48 30.421 Juneau, Alaska 2.48 30.421 Other Alaska 4.01 30.4219 more rows
Alaska Longevity Bonus Program. $250/month was issued to seniors who applied before 1994, $200 to those applying in 1994, $150 to those applying in 1995, and $100 to those applying in 1996. Payments were not available to seniors who applied after 1996.

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People also ask

A cost-of-living adjustment (COLA) is an increase in Social Security benefits intended to counteract inflation. Inflation is measured using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Automatic yearly COLAs began in 1975. The COLA is 3.2% for 2024, and 2.5% for 2025.
Contracted COLA Percentage Most state and all school agencies contract for a 2% per year COLA, and public agencies can contract for a 2%, 3%, 4%, or 5% per year COLA. If the rate of inflation since retirement is higher than the employer contracted COLA percentage, by law, we must apply the lesser of the two.
680 who is 65 years of age or older or who is receiving a disability benefit is entitled to receive a monthly cost-of-living allowance in addition to the basic benefit. The amount of this allowance shall be $50 or 10 percent of the basic benefit, whichever is greater.

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