Retirement System Cost of Living Policy

At a glance

• What: Ordinance 2026-297 would amend City Code section 22-8 to set an annual cost-of-living adjustment or supplement policy for the Richmond Retirement System, subject to appropriation by Council.
• Where it stands: Introduced at the October 5, 2026 special meeting and referred to the Finance and Economic Development Standing Committee.
• Next: Committee meeting October 21, 2026 at 2:00 PM; hearing November 9, 2026.

Detail

• Sponsors: President Newbille and Ms. Trammell.

Sources

• City Council action summary, October 5, 2026 (special meeting): https://richmondva.legistar.com/View.ashx?M=M&ID=1452853&GUID=EC2C67CA-D9D4-4753-87E6-2B41AC9FE8A8

Log

2026-10-05 - City Council Special Meeting

Introduced and referred to the Finance and Economic Development Standing Committee (October 21).

2026-11-09 - City Council

On the draft agenda.