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OAF P-3 ab1 <br /> RES-2017-062 e, <br /> ORANGE COUNTY BOARD OF COMMISSIONERS <br /> RESOLUTION SUPPORTING A ONE PERCENT (1%) COST-OF-LIVING <br /> INCREASE FOR MEMBERS OF THE LOCAL GOVERNMENT <br /> EMPLOYEES RETIREMENT SYSTEM FOR 2018-19 <br /> WHEREAS, the Orange County Board of Commissioners recognizes the important <br /> contributions made to the County by retired employees; and, <br /> WHEREAS, increasing costs for such necessities as healthcare and long-term care are <br /> impacting many of our retirees, who live on a fixed income; and, <br /> WHEREAS, the Board of Trustees of the Local Government Employees Retirement <br /> System did not include an adjustment for cost-of-living increases in 2017; and, <br /> WHEREAS, the current inflation rate for the United States is 1.9% for the 12 months <br /> ended August 2017, as published by the U.S. Labor Department; <br /> NOW, THEREFORE, be it resolved that the Orange County Board of Commissioners <br /> encourages the Local Government Employees Retirement System to include a 1 percent cost-of- <br /> living adjustment for retirees when it meets in January 2018; <br /> BE IT FURTHER RESOLVED that the Orange County Board of Commissioners <br /> directs the Clerk to the Board to share this resolution with the North Carolina Association of <br /> County Commissioners and all counties in the state. <br /> This the 3rd day of October 2017. <br /> Mark Dorosi Chair <br /> Orange County Boar of Commissioners <br />