Re: CPI 9.1% - vs 2.5% cap COLA
I spoke to a buddy of mine who's retired from Howard County PD the other day. He told me their FOP recently renegotiated their retirement pension COLA for active members, however, it also affected active retiree's. (similar to what APD did several years back) He told me his COLA for this year was almost 9% due to the changes. Maybe our FOP could speak with HoCo FOP and inquire what they did? As our active folks begin to retire and all their service is post-97, they will feel the effects of the 2.5% Cap.
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