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The board voted 3-0 to approve $1,766,119.41 in January retirement payroll, $105,995.01 in expenses, and up to $1.6 million for February operating expenses.
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The approvals authorize regular pension and annuity payments, administrative expenses, and funds needed to operate the retirement system. The board also approved $214,037.62 in transfers into the system and two additional retirements. A public hearing will be scheduled to consider a cost-of-living adjustment between 2.8% and 3%; no adjustment was decided at this meeting.
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