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File #: 2019-138    Version: 1 Name: Adpt Resolution requesting legislation to increase Police & Fire Disability & Relief Fund COLA to 32%
Type: Regular Agenda Item Status: Passed
File created: 2/11/2019 In control: City Council
On agenda: 2/19/2019 Final action: 2/19/2019
Title: Adopt Resolution requesting the Legislature of the State of Mississippi to introduce, sponsor, and procure the enactment of legislation to authorize the City of Hattiesburg to establish upon certification of actuarial soundness, to increase payment of the COLA in an amount not to exceed thirty-two percent (32%) to the eligible retirees of the Hattiesburg Police and Fire Disability and Relief Fund, to be paid from the monies accumulated in the Municipal Retirement System Fund administered by the Public Employees Retirement System of Mississippi.
Attachments: 1. Resolution PFDR COLA, 2. Executed Resolution 2019-67 request MS State Legislature authorize COLA increase for police and fire disability and relief fund

Title

Adopt Resolution requesting the Legislature of the State of Mississippi to introduce, sponsor, and procure the enactment of legislation to authorize the City of Hattiesburg to establish upon certification of actuarial soundness, to increase payment of the COLA in an amount not to exceed thirty-two percent (32%) to the eligible retirees of the Hattiesburg Police and Fire Disability and Relief Fund, to be paid from the monies accumulated in the Municipal Retirement System Fund administered by the Public Employees Retirement System of Mississippi.

 

Summary

Adopt Resolution