Calpers Cola Increase 2024 Update Today. Purchasing power protection allowance (pppa) is a benefit designed to maintain the original purchasing power of calpers retirees to a predetermined limit. Employees with membership dates prior to july 1, 1996, are not impacted by these.

Calpers determines your cola percentage by comparing the actual rate of inflation (based on the u.s. Will there be a record increase in social security cola payments?