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CC_Minutes_2006_0717
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CC_Minutes_2006_0717
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7/17/2007 9:39:00 AM
Creation date
8/2/2006 2:38:27 PM
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Roseville City Council
Document Type
Council Minutes
Meeting Date
7/17/2006
Meeting Type
Work Session
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<br />BENCHMARKS <br /> <br />Request a Resolution for Increase <br /> <br />Social Security Cost of Living Allowance (COLA) has increased 12.9% over the last 5 Years <br /> <br />Inflation from Consumer Price Index (CPI) has increased over 13% during the last 5 Years <br /> <br />This proposal of $2.00 represents a Total increase of 7.4%, but only 1.5% increase per Year. <br /> <br />Establish a Plan or Policy on Future Increases <br /> <br />Future increases could be based on a Index scale <br /> <br />Social Security Administration <br />COLA - ( Cost of Living Allowance) <br />SSI - (Social Security Index) <br /> <br />State of Minnesota <br />PERA - (Public Employees Retirement Association) <br /> <br />Page 7 <br />
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