SB 977 – Increases the COLA for certain special consultants and retirees from 80% to 100T of the consumer price index

• Sponsor: Stoll
• LR Number: 2799S.01I
• Committee: Pensions and General Laws
• Last Action: 1/27/2004 - Hearing Conducted S Pensions & General Laws Committee
• Effective Date: August 28, 2004

Current Bill Summary

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

Amendments

No Amendments Found.