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HomeMy WebLinkAboutPension & Audit Committee February 9, 2016 PENSION & AUDIT COMMITTEE COMMITTEE ROOM – February 9, 2016 10:30 A. M. PRESENT: Hons. Hardie Davis, Jr., Mayor; Wayne Guilfoyle, Finance Committee Chairman; Janice Jackson, Administrator; Donna Williams, Finance Director; Jody Smitherman, Staff Attorney; Nancy Morawski, Deputy Clerk of Commission. ABSENT: Hon. Grady Smith, Mayor Pro Tem. 1.Discuss/approve COLA increases for the Richmond County 1945 and Augusta 1949 pension plans. Ms. Williams stated that the Finance Department recommends an increase of .5 percent for the pension plans. Mr. Freddie Lott asked that any support of helping all retirees would be greatly appreciated. Ms. Jackson: I move to approve the increase as recommended. Mr. Guilfoyle: Second. Motion carries 4-0. ADJOURNMENT: There being no further business, the meeting was adjourned. Nancy W. Morawski Deputy Clerk of Commission