Item Coversheet


Item Title:
COMMUNICATION - COLA 2% RETIREES EFFECTIVE JULY 1, 2022

Item Detail:

2.    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.) (Ref’d 04/13/2023) (Matter ID #0701)  



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COMMUNICATION - COLA 2% Retirees Effective July 1, 2022Cover Memo