Approve 5% cost-of-living increase for city pension recipients

Labor & City WorkersPersonnel

Resolution 97-14

In Plain English

Retired city employees receive annual pension payments from the General Pension Fund. The city adjusts these payments periodically to help retirees keep up with rising living costs. If approved, all current pension recipients get a 5% increase in their monthly payments starting this year.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember ButtSeconded by: Vice Mayor Beckles
Passed