Approve additional 3% cost of living increase for city retirees
Labor & City WorkersPersonnelResolution
Resolution 166-05
In Plain English
City retirees currently receive a 2% annual increase to keep up with inflation. This adds another 3% on top, bringing the total 2006 increase to 5%. The extra money helps retirees whose pensions lose buying power as prices rise.
Auto-generated summary. Source: official agenda documents.
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