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Brookline Accepts COLA
NOVEMBER 1998 - Finally Town Meeting Does Right Thing - Thanks to the efforts of the Brookline Retirement Board, the number of retirement systems, that did not accept Chapter 17 (COLA law) by the July 1 deadline, has been narrowed from nine to eight, with still others in the offing.
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Non-Contributory Retirees Wait For COLA
NOVEMBER 1998 - Pop-up/Income Tax Exception Also Pending - They are known as non-contribs, or non-contributory retirees. These retirees are not members of the contributory retirement systems and are not eligible for benefits paid for through the pension fund.
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Non-Contributory Retirees Wait For COLA
NOVEMBER 1998 - Pop-up/Income Tax Exception Also Pending - They are known as non-contribs, or non-contributory retirees. These retirees are not members of the contributory retirement systems and are not eligible for benefits paid for through the pension fund.
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COLA Reform Now Law
JULY 1997 - After more than a year of studies and a hard fought lobbying effort by our Association, the Legislature passed the COLA reform bill on June 2. The bill, S-1753, was signed into law by Governor William Weld on June 9, 1997, as Chapter 17 of the Acts of 1997.
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