AN ACT RELATING TO PUBLIC OFFICERS AND EMPLOYEES -- RETIREMENT SYSTEM -- CONTRIBUTIONS AND BENEFITS
The bill adds prospective, CPI-based COLAs (capped at 3% or CPI-U, whichever is less) for retirees, sunsetting after 2035 and tied to funding ratios.
The bill adds prospective, CPI-based COLAs (capped at 3% or CPI-U, whichever is less) for retirees, sunsetting after 2035 and tied to funding ratios.
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Bill text & amendments
The official bill text and any amendments will be posted here once available.