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2012 Retiree COLA

At the Regular Board Meeting on December 21, 2011, the System's actuary informed Trustees that he could not recommended a Cost of Living Adjustment (COLA) be paid this year. While our Board and Staff regret to inform you of this, they ask you to keep in mind the financial stability of your System is of the utmost importance to them and future increases will be evaluated. Holiday greetings go out to everyone from the Board and Staff for a safe and happy Holiday Season with a prosperous New Year.

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