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Mayor Sarno Commends City Retirement Board on Increasing Retirees Base Pay

|   City News

Mayor Domenic J. Sarno will sponsor an order to the City Council to approve an increase in our retirees’ maximum base amount by $1,000 – from $13,000 to $14,000. This is on top of the regular 3% Cost of Living Adjustment (COLA) increase.

Mayor Sarno states, “I indicated to the board that we pride ourselves on our prudent fiscal management, but with these unprecedented times of a 40 year high in inflation and a looming recession, it is imperative that we assist our long-term retirees/seniors, ‘to make ends meet’.  I commend the Board’s actions and do not want our retirees/seniors to have to make the difficult decisions whether to get their medicine and/or put food on the table.  Again, and simply put, it’s the right thing to do.”

Page last updated:  Tuesday, March 1, 2022 01:32 pm