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Trustees discuss annual benefit increase (COLA) effective Jan. 1, 2025; no vote taken
Summary
The Shorewood Police Department Pension Fund trustees spoke about a Cost-of-Living Adjustment (COLA) effective Jan. 1, 2025, during their Feb. 6 meeting; the record notes there was no vote on the increase.
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Trustees discussed the Shorewood Police Pension Fund's annual benefit increase (COLA) effective Jan. 1, 2025, but did not take a vote during the Feb. 6 session.
The transcript entry reads: "Spoke about Shorewood Police Pension Fund Annual Benefit Increase (COLA) effective January 1, 2025. No vote." The discussion was recorded as part of new business but the meeting contained no formal motion or roll-call entry to change benefits on that date.
