Approve 5% cost of living increase for city pension recipients
Resolution 146-21
In Plain English
The city gives annual cost of living raises to retired employees who receive city pensions. This year's increase is 5%, made up of 3% plus a guaranteed minimum of 2%. The city adopted this policy in 2021 to help retirees keep up with inflation.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
Community Discussion
This discussion was submitted to the City Clerk as part of the public record.
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Similar Discussions
5 related items found by meaning
Increase pension payments by 5% for retired city employees
Give pension recipients 5% annual cost-of-living increase
Give pension recipients 5% annual cost of living increase
Approve 5% cost of living increase for city pension recipients
Approve 5% cost of living increase for General Pension Fund retirees
The Story So Far
10 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
Approve 3-year labor contract with city employees union through 2028
Approve 3-year contract with part-time city employees union
Approve 3-year contract with mid-management union including 5% annual raises
Add 10 temporary firefighter positions and convert 1 paralegal to office specialist
Approve 3-year union contract with management employees covering wages and benefits