Keep your fingers crossed. Our retirees are poised to get a long over due cost of living raise.
The proposed whopping 2% raise is long over due.
But before it happens, the pension board has to make a formal request to Mr. CEO Lee May, who of course, will use it to his political advantage. He probably say something like he was his idea and he has been fighting hard and long for the retirees. We'll go ahead and call B.S.
If all goes well, the raise will go in effect March 1, 2014,
Click here to read the minutes from the November 2013 meeting.