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Parmer County reviews restoring retirees' COLA and possible employee match increase

Parmer County Commissioners Court · July 8, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A TCDRS representative told the Parmer County Commissioners Court the county has not provided a Cost-of-Living Adjustment to retirees since 2006; commissioners asked for detailed cost estimates and deferred any decision to a later meeting.

Ralph Wallace of the Texas County & District Retirement System told the Parmer County Commissioners Court on July 8 that the county has not granted a Cost-of-Living Adjustment to retired county employees since 2006 and outlined several ways the county could structure a COLA and the associated costs.

Wallace,…

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