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Council approves small increase in retiree COLA ceiling to $16,000
3604978 · May 28, 2025
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Summary
The Lynn City Council approved raising the maximum base used for retiree cost-of-living adjustments from $15,000 to $16,000 following a recommendation from the retirement board.
The City Council on May 27 voted to raise the maximum base used for retiree cost-of-living adjustments (COLA) from $15,000 to $16,000, following a unanimous recommendation from the Lynn…
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