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t/ <br />• A RESOLUTION <br />ESTABLISHING THE AMOUNT OF POST RETIREMENT SUPPLEMENTS <br />FOR RETIRED CITY EMPLOYEES <br />FOR'FISCAL YEAR 1977-78 <br />WHEREAS, the City Council has previously adopted a budget for <br />fiscal year 1977-78 which includes funding for an average salary increase <br />of 2.5%, exclusive of merit increases for current City employees; <br />NOW, THEREFORE, BE IT RESOLVED by the Council_ of the City of <br />Charlottesville, pursuant to §20-33(b) of the Code of the City of Charlottes- <br />ville', 19.76, that the Retirement Fund Commission is authorized and directed <br />to provide for. the -payment of a post retirement supplement of 2.5% of the <br />current retirement -pay of each presently retired City employee effective for <br />the fiscal year beginning July 1, 1977. <br />Adopted by the Council <br />June 20, 1977 <br />• <br />