In a recent meeting, Cameron County officials provided a comprehensive update on the county's compensation plan and employee benefits for fiscal years 2024 and 2025. The presentation, led by Mister Lopez, highlighted significant advancements in employee salaries and benefits since the implementation of the compensation study in January 2019.

The county has made substantial investments in employee compensation, totaling approximately $25.4 million for the upcoming fiscal year. This includes a 5% salary increase for all employees and an increase in the minimum wage from $8.60 to $13.65 per hour, marking a 57% increase since 2018. The adjustments aim to retain current employees and attract new talent, ensuring competitive salaries within the region.

Additionally, the county's retirement plan contributions will rise from 200% to 250%, the maximum allowed by the Texas County and District Retirement System (TCDRS). This change is expected to enhance retirement savings for employees significantly. A 3% cost-of-living adjustment for active retirees was also approved, a move that has not been made in previous years.

The meeting also addressed the county's health insurance plan, with an increase in contributions and adjustments to premiums aimed at improving employee benefits. Furthermore, the commissioners announced a reduction in the property tax rate by half a cent, reflecting a commitment to fiscal responsibility while enhancing employee compensation.

Overall, the discussions underscored the county's ongoing efforts to improve employee welfare and maintain a competitive edge in the job market, despite the challenges posed by the COVID-19 pandemic in previous years.