Cost Of Living Adjustment 2024 Arizona. The annual increase in compensation costs in phoenix was 2.7 percent in march 2024, compared to advances that ranged from 4.4 percent to 3.5 percent in the three other. Tier 1 and 2 public safety, corrections, and elected officials plan retirees and surviving beneficiaries will receive cost of living adjustments to their benefit in july.

The new cola will take effect in. Total cost of the program, including.