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Some great thoughts and ideas here for those currently working . . . Given the state of the current economy and inflation and that it's not very likely to change for the better anytime soon, serious thought and effort needs to be given to changing the retirement COLA formula currently in place. It is both unrealistic for its intended purpose and is based on the most limited inflationary indexes. I believe it's time for the CE and Council to show some support for those of us who supported them as well as had served in times where salary scales were less than half of that which they are now. 2% retirement COLAS in a current average 8% inflated economy is disingenuous to caring about the well being of those who served and retired under considerably less generous compensation and benefit structures.
The change can be structured so as not to cost the County all at once, but there has to be a willingness to have the sincere discussions and agree the current formula is no longer acceptable.
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Maybe we’ll get some consideration 🤷🏻♂️
Happy Holidays all . . . BE SAFE!
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