Approve 5% cost of living increase for city pension recipients
Resolution 95-18
In Plain English
The city provides pensions to retired employees through its General Pension Fund. Rising costs have reduced the purchasing power of these monthly payments. If approved, all pension recipients receive a 5% annual increase to help offset inflation.
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Votes
Approve consent calendar
7 to 0
Similar Discussions
5 related items found by meaning
Approve 5% cost of living increase for city pension recipients
Give pension recipients 5% annual cost of living increase
Give pension recipients 5% annual cost-of-living increase
Approve 5% cost of living increase for General Pension Fund 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