Give 5% cost of living increase to retired city employees
Resolution Resolution No. 104-16
In Plain English
Retired city employees currently receive a 2% annual increase in their pension payments. The city proposes adding another 3% on top of that base amount. If approved, retirees get a total 5% increase to help their pension keep up with rising costs.
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Votes
Approve consent calendar
5 to 0
Similar Discussions
5 related items found by meaning
Approve 5% cost-of-living increase for city pension recipients
Approve 5% cost of living increase for General Pension Fund retirees
Approve 5% cost of living increase for city retirees
Approve 5% cost of living increase for city retirees
Increase pension payments by 5% for retired city employees
The Story So Far
9 prior discussions on this topic
Meet privately with union negotiators to discuss employee contracts
Approve new 3-year contract with firefighters union covering wages and benefits
Meet privately with union representatives to discuss employee contracts
Approve hiring temporary fire department supervisors and add other city positions
Receive presentation on Rent Board staffing levels and recruitment
Receive 4 February financial reports on investments, overtime costs, property taxes, and retirement benefits
Hold closed-session meeting to discuss contract negotiations with 6 employee unions
Receive monthly financial reports for January 2026
Receive monthly financial reports for December 2025