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Steve from 2003 through 2009 police and fire received a 21.25% raise over those 6 years for an average over 3.5%. Don't get all tied up in the numbers.
The point I am trying to make is that the actuarial expert testified that in order to cut future liabilities employees, and thus retired Police/Fire I member will not receive a COLA.
If we can't afford to give a COLA whether it be 3.5, 3 or 2.5 percent, how is the city going to afford paying an annual 3.75% increase in tax dollars to the fund?
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