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JANUARY 2008 - Pension Increase News!

Effective January 1, 2008, all current POAB Fund members who have retired as of December 31, 2007 will receive a 1.5% increase on the current pension amount.  This increase will be reflected in the January 2008 pension check.  In addition, the base rate used for pension calculations will be raised from $24.05 to $24.41, also effective January 1, 2008.