Item Coversheet


Item Title:
COMMUNICATON - RETIREMENT BOARD - FY23 ONE TIME 2% ADDITIONAL COLA FOR RETIREES

Item Detail:

29. COMMUNICATION, Atty. Eric C. Cohen, Executive Director of the New Bedford Retirement Board, to the City Council, advising that the Retirement Board intends to discuss at their April 27th meeting, a one-time 2% additional Cost of Living Adjustment (COLA) for retirees of the system retroactive to the fiscal year commencing July 1, 2022. (Copy all Councillors via email March 27, 2023.)



Additional Information:
ATTACHMENTS:
DescriptionType
COMMUNICATION, Cover Memo