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Chicopee officials transfer $1 million to retirement fund to begin making up $286 million in liabilities

Chicopee officials transfer $1 million to retirement fund to begin making up $286 million in liabilities Updated 5:41 AM; CHICOPEE โ€” Concerned about having more than $280 million in unfunded retirement liabilities, the city is starting an effort to slowly build up one of the accounts that will pay insurance for former employees. The City Council voted 12-0 to transfer $1 million of its remaining about $6 million in the free cash account to the retirement account that pays for health, dental ...
United States Gary Labrie Johnl Vieau Marie Laflamme City Council Councilor Gary Labrie

Chicopee Council pledges study of proposed salary increases calling pay of mayor, other elected officials 'very low'

Chicopee Council pledges study of proposed salary increases calling pay of mayor, other elected officials โ€˜very lowโ€™ Updated Jan 21, 2021; CHICOPEE โ€“ The City Council voted to further study a proposal to raise annual salaries for elected officials by amounts ranging from $37,000 to $6,500, even though one member urged them to defeat it immediately because of the financial stress the COVID-19 pandemic had put on many constituents. A year ago, Mayor John L. Vieau said he asked the Human Re...
Frederick Krampits Stanley Walczak Joel Mcauliffe Gary Labrie Frankn Laflamme Johnl Vieau

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