Approve 5% cost of living raise for 4 city retirees from 1950s
In Plain English
The city has 4 retirees with an average age of 102 who worked before 1953 and receive pensions instead of CalPERS. They automatically get a 2% annual raise, but city council must approve an additional 3% each year. If approved, their average monthly pension rises from $6,193 to $6,503.
Auto-generated summary. Source: official agenda documents.
Community Discussion
This discussion was submitted to the City Clerk as part of the public record.
Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.
Similar Discussions
5 related items found by meaning
Approve 5% pension increase for 3 remaining General Pension Fund retirees
Approve 5% cost of living increase for city retirees
Give 3% cost of living raise to city pension recipients
Give 3 retired city workers 5% pension increase for 2024
Approve 5% cost of living increase for retired city employees
The Story So Far
10 prior discussions on this topic
Meet privately with union negotiators to discuss employee contracts
Meet privately with union representatives to discuss employee contracts
Approve new 3-year contract with firefighters union covering wages and benefits
Approve hiring temporary fire department supervisors and add other city positions
Receive presentation on Rent Board staffing levels and recruitment
Approve 3-year contract with part-time city employees union
Approve 3-year labor contract with city employees union through 2028
Approve 3-year union contract with management employees covering wages and benefits
Close city offices from December 24 through January 1
Approve 3-year contract with mid-management union including 5% annual raises