SB 0977 | Increases the COLA for certain special consultants and retirees from 80% to 100T of the consumer price index |
Sponsor: | Stoll | |||
LR Number: | 2799S.01I | Fiscal Note: | 2799-01 | |
Committee: | Pensions and General Laws | |||
Last Action: | 01/27/04 - Hearing Conducted S Pensions & General Laws Committee | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 2004 | |||
SB 977 - This act changes the cost-of-living assessment (COLA) for certain special consultants and retirees from 80% to 100% of the consumer price index for all adjustments after September 1, 2003, but not more than 5% of the annuity amount payable immediately before the payment of the COLA.
This act is identical to SB 587 (2003).
RICHARD MOORE