Approve additional 3% cost of living increase for city retirees
Resolution 123-06
In Plain English
City retirees currently receive pension payments from the General Pension Fund. The proposed increase would boost these monthly payments by 3% to help offset inflation. If approved, retirees see higher monthly checks starting with their next payment.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
PassedCommunity 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
Approve 5% cost-of-living increase for city retirees
Approve 5% cost-of-living increase for city pension recipients
Approve 5% cost of living increase for city retirees
Give 3% cost of living raise to city pension recipients
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
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