File #: 235-21    Version: 1 Name:
Type: Order Status: Passed
File created: 4/21/2021 In control: Finance Committee
On agenda: 4/27/2021 Final action: 9/7/2021
Title: Order: That the City Council approve an increase in the COLA base from $14,000 to $18,000 for contributory and non-contributory retirees of the Malden Retirement System.
Sponsors: Barbara Murphy
Attachments: 1. COLA BASE Increase letter to Council President March 2021, 2. Cola Base Raise Finance Presentation 62221

Title

Order:  That the City Council approve an increase in the COLA base from $14,000 to $18,000 for contributory and non-contributory retirees of the Malden Retirement System.