Approve additional 3% cost of living increase for city retirees

Labor & City WorkersPersonnelResolution

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

Passed

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

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