Bridge - Correction
Clarification of the Special Apportionment note listed in the Spring 2013 Bridge publication:
At its February 21-22, 2013 meeting, the Pension Fund Board of Directors approved a 3.5% Special Apportionment for persons receiving retirement and surviving spouse pensions, as well as active members accumulating pension credits (beginning July 1, 2013). Those receiving disability pensions will not receive a Special Apportionment, but will receive a cost of living increase on the anniversary of their enrollment.