Arlington Cola Correction

JANUARY 2001 -
In earlier reporting on retirement boards which did not pay a
retroactive COLA for 1999, we failed to include Arlington. The
Arlington Retirement Board did not take a vote on increasing the July
1999 COLA to 3%, but instead stayed with the 1.3% CPI COLA. Out of our
104 local retirement boards, 99 voted to pay a retroactive 3% for 1999.
Five, including Arlington, paid a 1.3% COLA.