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Cherelle Parker: “If we're able to return a lump sum payment or a COLA to…”

Featuring: Cherelle Parker, Democratic | Mayor of Philadelphia | Pennsylvania

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Philadelphia Mayor Cherelle Parker Announces Tentative Agreement with District Council 33 Amidst Citywide Strike

Published | Video Starts at 45:10

… Bieley and his team, I want you to imagine how amazing it would be if they've done so well and performed 1% above whatever the assumed rate of return is. If we're able to return a lump sum payment or a COLA to retirees in the city of Philadelphia. That's what we're trying to do. And that's why fiscal stability is so super important. Everybody put a one in the air for me. Everybody. My team, I don't care how hard it is. (45:10–45:19)

CLAIM

Asserts the possibility of returning a lump sum payment or COLA to retirees.

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