A decision on whether to give retired city of Macon employees a cost of living pension increase next year should be coming soon.
A council committee is scheduled to take up the issue at the Dec. 7 meeting. The mayor’s office has asked the council to hold back on 1.5 percent increases for general employees and police/fire retirees. Council members agreed Monday evening to at least discuss the measure at the committee level.
Mayor Robert Reichert and his administration have said that the two pension funds have taken enough of a hit during the stock market downturn to justify holding off on increases. Others, particularly the committee members who oversee the police and fire pension fund, have said the city should give the increase next year.
If the council doesn’t act, the cost of living adjustments automatically go into effect after the first of the year.