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COLA
Medford Votes First On July COLA
MARCH 2004 - Three Other Boards Quickly Follow - Medford's Retirement Board wasted no time in voting for a July 2004 3% COLA, becoming the first board in the state to take this action.
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North Attleboro Reverses Cola Vote
JANUARY 2004 - Retirees Receive Three-Percent - After a June vote for a 1.4% July COLA for their retirees, the North Attleboro Board has changed their minds and members are now receiving 3% COLAs.
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Pension COLA Base To Be Studied
JANUARY 2004 - Public Service Committee Acts - In a move that breathed new life into our efforts to raise the base upon which the annual pension cost-of-living adjustment (COLA) is applied, the Joint Committee on Public Service has commissioned an in-depth study of the subject.
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Beverly Is Last Board To Vote COLA
NOVEMBER 2003 - Beverly's Retirement Board voted on July 31 to pay a three-percent COLA to its retirees. The vote was retroactive to July 1.

The vote by the Beverly Board brought the total number of boards that voted for 3% to 101 of 106 boards. As reported earlier, four Boards - Easthampton, North Attleboro, Gardner and Peabody voted for 1.4% COLAs, and Somerville voted for a 2.5% COLA.

 
Gardner Retirees Lose Heated COLA Battle
SEPTEMBER 2003 - One Community's Tale Of Courageous Struggle - It was the hottest day of the year and a large group of Gardner retirees were even hotter on June 27 when the Gardner Retirement Board, by a 3-2 vote, rejected their request for a 3% July COLA.
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