FY2012 COLA Approved
At a meeting of the Taunton Retirement Board on January 28, 2011, the board unanimously voted to approve a COLA of 3%. The 3% COLA will be effective July 1, 2011 and applies to the first $14,000 of a retirement allowance. Therefore, the maximum benefit available will be $420.00 per year ($35.00/month). Eligible retirees/survivors are those who retired on or before June 30, 2010.