RI H6207 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on March 24 2023 - 25% progression, died in committee
Action: 2023-05-18 - Committee recommended measure be held for further study
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Awards all pension system members 3% COLA applied to first $50,000 of retirement allowance annually exp.1/1/24 provided prior year investment return gains 10% or more until fund is 80% funded.

Tracking Information

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Title

Retirement System - Contributions And Benefits

Sponsors


History

DateChamberAction
2023-05-18HouseCommittee recommended measure be held for further study
2023-05-12HouseScheduled for hearing and/or consideration (05/18/2023)
2023-03-24HouseIntroduced, referred to House Finance

Rhode Island State Sources


Bill Comments

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