BILL · 2003–04 SESSION

SB 6248: Retirement annual increases

Providing annual increases in retirement allowances.

Summary

  • The age requirements for COLA eligibility in PERS 1 and TRS 1 are changed so that a member must have been retired for at least one year by July 1 and reach age 66 by December 31 in order to be eligible for the adjustment given during that year.

From the Senate Bill Report (SB 6248), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 15, 2004
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Shirley Winsley (R-28)
Introduced
January 15, 2004 in the Senate
Last action
January 15, 2004
Requested by
Other
Companion bill
HB 2539
Budget
Has a fiscal note

AN ACT Relating to public employees' retirement system, plan 1 and teachers' retirement system, plan 1 age and retirement requirements for receipt of the annual increase amount;

Sponsors

Prime sponsor: Shirley Winsley (R-28)

4 co-sponsors (3 Democrats, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Ways & Means.

SB 6248 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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