Approve 5% cost of living increase for General Pension Fund retirees
In Plain English
City retirees in the General Pension Fund currently receive a 2% annual cost of living increase. If approved, they receive an additional 3% increase for a total of 5% this year. This helps retirees keep up with inflation but increases the city's pension costs.
Auto-generated summary. Source: official agenda documents.
Community Discussion
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Similar Discussions
5 related items found by meaning
Give pension recipients 5% annual cost-of-living increase
Give pension recipients 5% annual cost of living increase
Give 5% cost of living increase to retired city employees
Approve 5% cost of living increase for city retirees
Approve 5% cost of living increase for city pension recipients
The Story So Far
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