diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0309e1e9ea..4490741efc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -26,7 +26,9 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### Fixed
 
-- Fix doctest fails with ImportError: cannot import name 'Env' from 'gym' ([#751](https://github.com/PyTorchLightning/lightning-bolts/pull/751))
+- Fixed doctest fails with ImportError: cannot import name 'Env' from 'gym' ([#751](https://github.com/PyTorchLightning/lightning-bolts/pull/751))
+
+- Fixed MoCo v2 missing Cosine Annealing learning scheduler ([#757](https://github.com/PyTorchLightning/lightning-bolts/pull/757))
 
 ## [0.4.0] - 2021-09-09
 
diff --git a/pl_bolts/models/self_supervised/moco/moco2_module.py b/pl_bolts/models/self_supervised/moco/moco2_module.py
index fd5bf4039a..5ab20d0d0f 100644
--- a/pl_bolts/models/self_supervised/moco/moco2_module.py
+++ b/pl_bolts/models/self_supervised/moco/moco2_module.py
@@ -308,7 +308,11 @@ def configure_optimizers(self):
             momentum=self.hparams.momentum,
             weight_decay=self.hparams.weight_decay,
         )
-        return optimizer
+        scheduler = torch.optim.lr_scheduler.CosineAnnealingLR(
+            optimizer,
+            self.trainer.max_epochs,
+        )
+        return [optimizer], [scheduler]
 
     @staticmethod
     def add_model_specific_args(parent_parser):