AI- 6603
13.A.
CC REGULAR
- Meeting Date:
- 11/27/2007
- Submitted By:
- Sergio Cruz, BUDGET & MANAGEMENT
- Department:
- BUDGET & MANAGEMENT
CAPTION
1. Discussion, consideration, and action to adopt a 3% flat rate Cost of Living Adjustment (COLA) to Hidalgo County Retirees in 2008.
2. Discussion, consideration and action on Authorization to change TCDRS Plan Provisions for Plan Year 2008.
2. Discussion, consideration and action on Authorization to change TCDRS Plan Provisions for Plan Year 2008.
BACKGROUND
2008 retirement rate with 3% retiree COLA will be 8.78%.
2007 retirement rate was 8.92%
2007 retirement rate was 8.92%
Fiscal Impact
- FISCAL YEAR:
- 2008
- ACCT. #:
- FUNDS AVAILABLE Y/N?:
- MATCHING FUNDS Y/N?:
BUDGETARY IMPACT:
8.78% retirement rate was used in the preparation of the 2008 budget.Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Dina Trevino | 11/19/2007 04:31 PM |
| Rey Salazar | Monica Salinas | 11/20/2007 04:00 PM |
| Purchasing / Internal | msalazar | 11/20/2007 04:52 PM |
| Auditor's Office | bmorales | 11/21/2007 02:31 PM |
| Court Administrator | Monica Salinas | 11/21/2007 03:30 PM |
- Form Started By:
- scruz
- Started On:
- 11/15/2007 04:17 PM
- Final Approval Date:
- 11/21/2007