HomeMy WebLinkAbout2000-05-17 Retirement Board MinutesThe Reading Contributory Retirement Board held a meeting on May 17, 2000, Berger Room, Town Hall,
Reading, Massachusetts.
The meeting was called to order at 3:00 P.M.
The Retirement Board voted to grant an increased Cost of Living Adjustment of 1.7% in accordance with
the Massachusetts General Laws (Section 51 Ch. 32) for Fiscal Year 2000. The 1.7% retroactive
increase, to be paid on May 31, 2000, is in addition to the 1.3% increase that was paid on July 31, 1999.
Three (3) yes; one (1) absent; one (1) abstained - Henry Boissoneau.
The Retirement Board voted to grant an increased Cost of Living Adjustment of 3.0% in accordance with
the Massachusetts General Laws (Section 51 Ch. 32) for Fiscal Year 2001. This increase will be paid on
July 31, 2000. Three (3) yes; one (1) absent; one (1) abstained - Henry Boissoneau.
Meeting adjourned 3:12 P.M.
Present: Boissoneau, Foley, Klepeis, Veno and Cotter.
Hen oissoneau, 1st elected
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Richard P. Foley, Ex Officio
E112#eth W. Xlepeis, Ilappointed
R. Veno, 2Itl elected
Daniel B. Seferian, 2 dd appointed