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The Reading Contributory Retirement Board held a meeting on May 17, 2000, Berger Room, Town Hall, <br />Reading, Massachusetts. <br />The meeting was called to order at 3:00 P.M. <br />The Retirement Board voted to grant an increased Cost of Living Adjustment of 1.7% in accordance with <br />the Massachusetts General Laws (Section 51 Ch. 32) for Fiscal Year 2000. The 1.7% retroactive <br />increase, to be paid on May 31, 2000, is in addition to the 1.3% increase that was paid on July 31, 1999. <br />Three (3) yes; one (1) absent; one (1) abstained - Henry Boissoneau. <br />The Retirement Board voted to grant an increased Cost of Living Adjustment of 3.0% in accordance with <br />the Massachusetts General Laws (Section 51 Ch. 32) for Fiscal Year 2001. This increase will be paid on <br />July 31, 2000. Three (3) yes; one (1) absent; one (1) abstained - Henry Boissoneau. <br />Meeting adjourned 3:12 P.M. <br />Present: Boissoneau, Foley, Klepeis, Veno and Cotter. <br />Hen oissoneau, 1st elected <br />'L~zk <br />Richard P. Foley, Ex Officio <br />E112#eth W. Xlepeis, Ilappointed <br />R. Veno, 2Itl elected <br />Daniel B. Seferian, 2 dd appointed <br />