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South Dakota State Retirees Likely to See 2% Cost-of-Living Adjustment

By ยท 4 weeks ago

South Dakota state retirees are expected to receive a 2% cost-of-living adjustment as inflation continues to push prices higher, according to the Mitchell Republic.

The adjustment is a prediction โ€” not yet confirmed โ€” and comes as inflation has outpaced what many retirees on fixed incomes can absorb. Whether the figure holds will likely depend on final calculations tied to inflation data.

Background

Cost-of-living adjustments for public retirees are typically tied to consumer price index figures or statutory formulas set by the state retirement system. A 2% bump would help offset rising costs, but for retirees watching grocery and housing prices, it may not close the gap. The Mitchell Republic didn’t detail how the figure was derived or which inflation index the state uses to set the rate.

The report was published Monday, June 16, 2026. No vote date or formal board action was specified.

Reported by the Mitchell Republic. Read the original report.