Re: Eroding COLA, time for change.....
If memory serves me correctly (it wasn't always work'n even 30 years ago) I believe the two tier came about as a result of the implementation of the DROP system. The theory being that the DROP 400k - 500k payout would offset those contributions which would have normally been a part of the full 4% CAP which was the savings to the county and where they agreed to the two tier. This may be simplistic, thumb nail sketch of the whole back and forth that got the agreement, there most likely is more to it, but I think that was it.
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