Give pension recipients 5% annual cost-of-living increase
Resolution Resolution No. 1-13
In Plain English
The city provides annual cost-of-living adjustments to retirees in the General Pension Fund. Current recipients get a guaranteed 2% minimum increase each year. If approved, they receive an additional 3% boost for a total 5% increase to help offset inflation.
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Votes
Approve consent calendar
6 to 0
Similar Discussions
5 related items found by meaning
Approve 5% cost of living increase for General Pension Fund retirees
Give pension recipients 5% annual cost of living increase
Increase pension payments by 5% for retired city employees
Approve 5% cost of living increase for city pension recipients
Approve 5% cost of living increase for city pension recipients
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