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Commissioners approve 2% retiree COLA and adjust TCDRS elected rate for 2025
Taylor County Commissioners Court · September 10, 2024
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Summary
The court approved a 2% cost-of-living increase for TCDRS retirees and set the TCDRS elected contribution rate for plan year 2025 at 12.0%; the COLA vote recorded two commissioners abstaining due to retiree status.
Taylor County Commissioners on Tuesday approved benefits changes affecting retirees and county pension contributions for plan year 2025.
County staff presented a recommended 2% Cost-of-Living Adjustment (COLA) for retirees under the county’s TCDRS plan. Mister Anderson explained the county’s required…
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