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The Retirement Board unanimously approved a 3% cost-of-living adjustment for retirees, effective July 1, 2026. The board also approved retirement applications, survivor benefits, account transfers, refunds, and rollovers.
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Amesbury retirees will receive a 3% increase in their retirement allowance beginning July 1, 2026. The board discussed a possible five-year plan to raise the COLA base to $18,000, but took no action beyond keeping that issue on its agenda. The board also approved a new Public Safety enrollment and several individual retirement, survivor-benefit, refund, and rollover matters.
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