RI H5992 | 2017 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 5)
Status: Introduced on March 23 2017 - 25% progression, died in committee
Action: 2017-05-03 - Committee recommended measure be held for further study
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 23 2017 - 25% progression, died in committee
Action: 2017-05-03 - Committee recommended measure be held for further study
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Awards all state retirement members a 3% annual COLA applied to first $50,000 of retirement allowance on or after 1/1/18, provided prior year investment return yields gain of 10% or more until pension system funding ratio exceeds 80%.
Title
Retirement System - Contributions And Benefits
Sponsors
| Rep. William O'Brien [D] | Rep. Kenneth Marshall [D] | Rep. Kathleen Fogarty [D] | Rep. Christopher Blazejewski [D] |
| Rep. Daniel Mckiernan [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-05-03 | House | Committee recommended measure be held for further study |
| 2017-04-28 | House | Scheduled for hearing and/or consideration (05/03/2017) |
| 2017-03-23 | House | Introduced, referred to House Finance |
Subjects
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText17/HouseText17/H5992.pdf |
