Columbus Council finished up its Budget Review Committee deliberations Tuesday by deciding it could afford to give more than 900 retired city workers a little pension boost.
If council adopts the proposed $210.7 million budget for the next fiscal year that starts July 1, retirees on Oct. 1 will get an increase of 1.5 percent, which should cost the city $168,750, said Finance Director Pam Hodge.
About 2,700 current city workers also will get raises in October, when their pay is to be increased to the level a University of Georgia study says is competitive with what similar-sized organizations pay. Those raises are to cost the city $4.5 million. Postponing them three months from the start of the 2009 fiscal year will save $1.5 million, Hodge said.
Money for the retirees' increase will come from "salary savings," the money gained from open positions that have not been filled, Hodge said.