Retired Lakeland police officers are struggling to afford basic necessities like food and medicine due to a lack of pension adjustments. Phil Smith, a 64-year-old retired patrol officer, is leading a push for financial relief. He explained that living on a fixed pension based on 2009 economic figures has become increasingly difficult as inflation climbs.
Pension Adjustment Proposal
Smith launched a Change.org petition demanding the city implement an annual cost-of-living allowance, commonly known as COLA. This mechanism would automatically increase retirement pay slightly each year to track economic changes; a practice Smith notes is standard at other law enforcement agencies.
Smith emphasized that his campaign is not an attack on the local agency, calling it “one of the finest agencies in the world.” He plans to submit an official request to ensure retired personnel are not left behind and will attend an upcoming pension board meeting scheduled for August 18.
A spokesperson for the city of Lakeland stated that municipal leaders have not received an official proposal and will thoroughly evaluate all relevant factors if a formal request is presented.
Original reporting: Tampa Bay Florida News (HLL/CB) — read the source article.