COLA ACCEPTANCE UPDATE

May 4, 2007: To date,
eighty-eight of the state’s 104 local retirement systems have approved a new 3%
COLA to be paid this July. With the remaining sixteen retirement systems
scheduled to vote in May and June, we are well on our way to having 100%
adoption of the 2007 COLA.

At the state level, Governor Deval Patrick and now the House
of Representatives have included a 3% COLA for state and teacher retirees
within the FY 2008 state budget. The Senate, which has also expressed support
for the COLA, is expected to vote on their budget proposal in late May. We
anticipate the budget being back on the governor’s desk for his approval by
late June, which will allow the July COLA to be paid on time.

Meanwhile, Association lobbyists are working closely with
the Joint Committee on Public Service to advance legislation raising the COLA
base from the current $12,000 level to at least $16,000. Action on this bill,
which the Association filed, may occur as early as this week. However, a new base
would not take effect until July 2008.

FY 08 COLA


  1. Adams
    (1/23/07)
  2. Amesbury
    (1/25/07)
  3. Andover
    (5/30/07)
  4. Arlington
    (1/25/07)
  5. Athol
    (1/31/07)
  6. Attleboro
    (3/28/07)
  7. Belmont
    (1/25/07)
  8. Berkshire
    Cty (4/26/07)
  9. Beverly
    (3/29/07)
  10. Blue
    Hills (12/9/06)
  11. Braintree
    (2/28/07)
  12. Bristol
    Cty (1/25/07)
  13. Brockton
    (2/21/07)
  14. Cambridge
    (2/5/07)
  15. Chelsea
    (1/25/07)
  16. Chicopee
    (1/11/07)
  17. Clinton
    (2/27/07)
  18. Concord
    (2/27/07)
  19. Danvers
    (4/25)
  20. Dedham
    (May 07)
  21. Dukes
    Cty (4/3/07)
  22. Easthampton
    (2/26/07)
  23. Essex
    Cty  (1/31/07)
  24. Everett
    (2/28/07)
  25. Fairhaven
    (1/22/07)
  26. Fall
    River (1/24/07)
  27. Falmouth
    (3/28/07)
  28. Fitchburg
    (1/23/07)
  29. Framingham
    (4/26/07)
  30. Franklin
    Cty (1/30/07)
  31. Gardner
    (4/25/07)
  32. Gloucester
    (1/24/07)
  33. Gr Law
    San Dist (2/28/07)
  34. Greenfield
    (3/26/07)
  35. Hampshire
    Cty (12/21/06)
  36. Haverhill
    (2/20/07)
  37. Hingham
    (3/15/07)
  38. Holyoke
    (1/18/07)
  39. Hull
    (1/23/07)
  40. Lawrence
    (1//07)
  41. Leominster
    (3/21/07)
  42. Lexington
    (1/22/07)
  43. Lowell
    (3/30/07)
  44. Lynn
    (3/30/07)
  45. Malden
    (1/24/07)
  46. Marlborough
    (3/26/07)
  47. MassPort
    (4/30/07)
  48. Maynard
    (3/28/07)
  49. Medford
    (1/25/07)
  50. Melrose
    (3/28/07)
  51. Methuen
    (1/25/07)
  52. MHFA
    (12/9/06)
  53. Middlesex
    Cty (2/13/07)
  54. Milford
    (1//07)
  55. Milton
    (1/25/07)
  56. Minuteman
    (4/11/07)
  57. Montague
    (2/23/07)
  58. MWRA
    (May)
  59. Natick
    (3/28/07)
  60. Needham
    (3/28/07)
  61. Newburyport
    (May)
  62. Newton
    (12/13/06)
  63. Norfolk
    Cty (3/27/2007)
  64. North
    Adams (3/27/07)
  65. N
    Attleboro (5/23/07)
  66. Northbridge
    (3/28/07)
  67. Northampton
    (2/27/07)
  68. Norwood
    (April)
  69. Peabody
    (4/11/07)
  70. Pittsfield
    (2/22/07)
  71. Plymouth
    (1/30/07)
  72. Quincy
    (1/25/07)
  73. Reading
    (3/21/2007)
  74. Salem
    (3/29/07)
  75. Saugus
    (4/5/07)
  76. Shrewsbury
    (1/18/2007)
  77. Southbridge
    (2/22/07)
  78. Somerville
    (1/18/07)
  79. Springfield
    (3/29/07)
  80. Stoneham
    (1/30/07)
  81. Swampscott
    (1/17/07
  82. Taunton
    (12/20/07)
  83. Wakefield
    (4/12/07)
  84. Waltham
    (1/18/07)
  85. Watertown
    (1/22/07)
  86. Webster
    (12/06)
  87. Wellesley
    (10/25/06)
  88. W
    Springfield (2/28/07)
  89. Westfield
    (2/15/07)
  90. Weymouth
    (2/12/07)
  91. Winthrop
    (2/26/07)
  92. Woburn  (1/22/07)
  93. Worcester
    (3/15/07)


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