Increase pension payments by 5% for retired city employees

Labor & City WorkersPersonnel

In Plain English

The city provides annual cost of living adjustments to retired employees who receive pensions. This year's increase combines a 3% standard adjustment with an additional 2% minimum boost. Current retirees will see their monthly pension checks rise by 5% total.

Auto-generated summary. Source: official agenda documents.

Votes

Adopted Resolution No. 103-19

Passed