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Bill

Bill

S 6631

Provides for cost-of-living adjustments

2025 Regular Session Introduced by Samra Brouk and 1 co-sponsor

Proposes automatic cost-of-living adjustments for state civil service/pension retirees, setting eligibility, index, and funding basics to protect retirees' purchasing power.

REFERRED TO CIVIL SERVICE AND PENSIONS
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Bill Summary · S 6631

Summary of Bill S 6631 – Provides for Cost-of-Living Adjustments

Overview

Bill S 6631, introduced on March 19, 2025, would provide for cost-of-living adjustments (COLAs). The bill is currently referred to the Senate Committee on Civil Service and Pensions. It has a companion bill (A 5875) and related measures from prior sessions (S 9389 and S 6152).

Key details

  • Bill number: S 6631
  • Title/purpose (as stated): Provides for cost-of-living adjustments
  • Status: Referred to Civil Service and Pensions (as of introduction)
  • Introduced: March 19, 2025
  • Sponsors:
    • Primary: Robert Jackson
    • Cosponsor: Samra Brouk
  • Related measures:
    • S 9389 (prior session)
    • S 6152 (prior session)
    • A 5875 (companion measure)

What the bill would do

  • The title indicates that the bill would authorize or mandate cost-of-living adjustments.
  • Based on typical framework for COLA legislation in civil service and pension contexts, the bill would likely address one or more of the following in its text:
    • Eligibility: which retirees, beneficiaries, or active employees would receive COLAs (e.g., retirees, disabled retirees, surviving spouses).
    • Basis for adjustment: the index used (e.g., a consumer price index such as CPI-U or CPI-W) and the formula (percentage changes, possibly subject to caps or floors).
    • Timing: how often adjustments occur (commonly annually or at a specified interval).
    • Interaction with existing pension/benefit structures and any thresholds or triggers.
    • Funding considerations or requirements for the pension system or applicable fund.

Note: The exact provisions (rates, caps, scope, and funding) will be detailed in the bill’s text. The summary here reflects the bill’s stated purpose and typical elements seen in COLA legislation.

Affected parties and impact

  • Primary beneficiaries: likely current and future retirees and possibly surviving spouses under state civil service and pension programs.
  • Public pension systems: potential fiscal impact regarding ongoing liabilities and funding needs; the bill would outline how COLAs are funded and sustained over time.
  • State and civil service employees: potential indirect effects through changes to pension costs and long-term compensation economics.

Procedural and timeline aspects

  • Current stage: Referral to the Senate Committee on Civil Service and Pensions (as of introduction).
  • Next steps: The bill would be considered by the committee, potentially approved and moved to the full chamber for a vote, then to the other legislative house if applicable, before potential passage and signature.

Notes for readers

  • Related companion and prior-session bills may provide context or parallel proposals that address COLAs in related pension frameworks.
  • A full reading of S 6631’s text is needed to confirm the specific COLA methodology, eligibility, and funding mechanisms.

Compiled from official sources — confirm details with the bill’s official record.

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