The CAEP State Office will release a memo next month detailing how the Governor’s proposed COLA for CAEP members will be rolled out for the 20-21 state fiscal year.
All
CAEP members are eligible for the COLA. The COLA will be based on the member’s allocation percentage (from the prior year's CFAD) – so if a member receives 20% of the consortium allocation in the CFAD, they will receive 20% of the COLA provided to the consortium.