Give pension recipients 5% annual cost-of-living increase

Labor & City WorkersPersonnel<UNKNOWN>Resolution

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.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

6 to 0

NBJBCBTBGMJR