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Navasota council weighs TMRS changes, COLA and salary survey for FY2026
Summary
Council and staff discussed moving retirement from a 25‑year to a 20‑year TMRS plan, a possible increase in employer match, a recommended 2.5–3% COLA and a 2026 salary survey; staff noted tradeoffs with other budget priorities.
City staff and council discussed employee compensation, retirement and human‑resources tools during the May 13 budget workshop. The conversation focused on whether to change the Texas Municipal Retirement System (TMRS) parameters and on salary‑survey timing and cost‑of‑living adjustments.
Mr. Heminger explained how TMRS benefits are calculated and the practical effect of different formulas: "a 25 year retirement to a 25 year, a 25 year retirement will result in about double the monthly benefit to a retiree…
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