RI H7988 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on March 22 2018 - 25% progression
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%.

Tracking Information

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Title

Retirement System - Contributions And Benefits

Sponsors


History

DateChamberAction
2018-03-22HouseIntroduced, referred to House Finance

Subjects


Rhode Island State Sources


Bill Comments

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