2% adjustment predicted for state retirees as inflation climbs higher

By: Makenzie Huber

Outlets: South Dakota Searchlight

Published: June 11, 2026

Words: 825

Last Updated: 14 hours, 40 minutes ago

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Officials with the South Dakota Retirement System expect next year’s cost-of-living adjustment for retirees to fall below inflation — again.

The system’s board members heard the projection at a Wednesday meeting in Pierre. They were also told that the adjustment has fallen short of inflation each of the last five years.

Executive Director Travis Almond urged board members to reconsider what the system’s cost-of-living adjustment (COLA) goal should be. Almond said people assume the adjustment …

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