In January each year, the retirement benefits for Class 1, 2, and 3 members are increased by the recent Consumer Price Index up to 3%. This year, the benefits for Class 1, 2 and 3 members increase by 2.2%.
The Board of Trustees for the City of East Point Employees Retirement Plan is pleased to inform Class 4 and Class 5 retired members that City Council passed an Ad-Hoc 2.2% COLA based on the recommendation of the Board, at the City Council Meeting on January 16, 2018. All Class 4 and Class 5 members retired as of January 16, 2018 will receive the one-time 2.2% increase.
Verification Form Notification
Enclosed with your COLA Notification Letter is a Verification Form. This form must be signed by the person receiving benefits, in the presence of a notary public. Please return the completed form in the enclosed self-addressed envelope. Failure to properly complete and return this form by April15, 2018 may result in the suspension of your pension benefit.