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ISERS board approves 2% cost‑of‑living adjustment for eligible retirees
2346864 · February 19, 2025
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Summary
Based on an actuarial letter from Siegel, the Imperial County Employees' Retirement System board approved a 2% COLA for retirees who retired before April 1, 2025, and authorized banking up to an additional 1% in accordance with policy rules.
The Imperial County Employees' Retirement System board voted Feb. 19 to approve a 2% cost‑of‑living adjustment for eligible retirees and to allow the plan to bank an additional 1% in accordance with the system’s COLA policy and the actuary's recommendation.
Staff presented a…
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