SomervilleMeetings

25-0711 Officer's Communication Placed on File

Retirement Board notifying this City Council of a vote at the May 29, 2025 meeting regarding a 2025 Cost of Living Adjustment for eligible retirees.

Introduced
Apr 3, 2025
Assigned to
City Council
Enactment #
218777

History

  1. Apr 10, 2025
    City Council Placed on file · roll call: pass Meeting agenda, item 8.1.

Official text

To the Honorable City Council: Pursuant to Section 103, Chapter 32 of the MA General Laws, the Somerville Retirement Board will be discussing and holding a vote during its regular May 29, 2025 Board meeting regarding the Cost of Living Adjustment (COLA) for 2025 for eligible retirees of the Somerville Retirement System. Section 103(i) requires notification to the legislative body at least 30 days before such election. If you have any questions or require additional information, please do not hesitate to contact me directly at (617) 764-3807. Sincerely, Michael Pasquariello Executive Director