Pension COLA

Retired Neshaminy Manor nurse asking the board to formally request an actuarial cost study as the first legal step toward a COLA under Act 96.

Retired federal worker who argued retirees should look to Republican policies and President Trump for relief rather than the board.

Retired Neshaminy Manor nurse citing the fund's 91% funded ratio and urging the board to pass a meaningful COLA this budget cycle.

Pointed to rising heating costs and a federal lawsuit against the county as a 'double whammy' underscoring the need for a COLA; advocated for longer-retired colleagues since he's not eligible until 2028.

Unaffiliated retiree who noted two COLAs were granted after the 2015 state law, said retirees are now over 30% behind since January 2020, and called on the board to act.

Retired Children & Youth employee citing six years of zero COLA and a pension dollar now worth 76 cents; asked for a transparent documented review of every lawful option and called out Commissioner Harvie's congressional run.

A 26.5-year Neshaminy Manor retiree explained SB 754, which would give counties self-determination over COLAs, and asked the board to help move the bill out of the Senate Local Government Committee.

A Neshaminy Manor retiree of six years said she has received no COLA since retiring and asked the board to help pass SB 754.

Suggested contacting former retirement board members such as Judge Boylan and former Gov. Mark Schweiker to learn how former Treasurer Bill Snyder historically funded COLAs.

Shared survey data showing Doylestown Borough and Warminster Township recently granted COLAs, and suggested a Northampton-style periodic COLA (every three years, CPI-based, minimum 2%) as a compromise.

Argued retirees' own contributions built the pension fund and that they've earned COLAs; reported he's still awaiting a response from Sen. Don Kiefer's office on SB 754.