Cost of Living Adjustment - Effective January 1, 2020
The Board of Commissioners approved a 1.5% Cost of Living Adjustment increase effective January 1, 2020, for both current and future retirees. The base rate per year of service is now $25.15. All current retirees will receive a 1.5% increase to their current gross pension amount effective January 1, 2020 (this will affect the payment received on the last banking day on January 2020).
Please feel free to call our office with any questions or concerns. If you need to update your tax withholdings, you may do so by completing the Tax Withholding Declaration Form located on our Retiree Account Changes Page.