2025 COLA Notice TO Clerk — File 25-0711

Somerville Retirement Board 323 Broadway Somerville, MA 02145 [phone removed] retirement@somervillema.gov EDWARD F. BEAN, CHAIRMAN MICHAEL MASTROBUONI THOMAS G. ROSS, VICE CHAIRMAN JOHN M. MEMORY DAVID CASTERALLIN April 4, 2025 Kimberly Wells City Clerk City of Somerville 93 Highland Ave. Somerville, Massachusetts 02143 Dear Ms. Wells, Pursuant to Section 103 of Chapter 32 of the MA General Laws, the Somerville Retirement Board will be discussing and holding a vote during its regular May 29, 2025, Board meeting regarding the Cost-of-Living Adjustment (COLA) for 2025 for eligible retirees of the Somerville Retirement System. Please place this on the agenda for the very next City Council meeting. Section 103(i) requires notification to the legislative body at least 30 days before such election. If you have any questions or require additional information, please do not hesitate to contact me directly at [phone removed]. Sincerely, Michael Pasquariello Executive Director CC: Nikki Spencer Edward Bean