Approve 5% cost-of-living increase for city retirees
Resolution Resolution No. 3-10
In Plain English
City retirees currently receive pension payments from the General Pension Fund. This increase combines a 3% annual adjustment with a 2% minimum boost. If approved, monthly pension checks rise by 5% starting next year to help retirees keep up with rising costs.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
PassedCommunity Discussion
This discussion was submitted to the City Clerk as part of the public record.
Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.
Similar Discussions
5 related items found by meaning
Approve 5% cost of living increase for city retirees
Approve 5% cost of living increase for retired city employees
Give 3% cost of living raise to city pension recipients
Approve 5% cost-of-living increase for city pension recipients
Approve additional 3% cost of living increase for city retirees
The Story So Far
10 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
Approve 3-year contract with part-time city employees union
Approve 3-year labor contract with city employees union through 2028
Hold closed-session meeting to discuss contract negotiations with 6 employee unions
Receive 4 February financial reports on investments, overtime costs, property taxes, and retirement benefits
Receive monthly financial reports for January 2026