RI H7988 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on March 22 2018 - 25% progression, died in committee
Action: 2018-03-22 - Introduced, referred to House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 22 2018 - 25% progression, died in committee
Action: 2018-03-22 - Introduced, referred to House Finance
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. Hagan McEntee [D] | Rep. Robert Craven [D] |
| Rep. Daniel Mckiernan [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-03-22 | House | Introduced, referred to House Finance |
Subjects
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText18/HouseText18/H7988.pdf |
