Bills › 2023–24 › SB 5350
BILL · 2023–24 SESSION
SB 5350: PERS/TRS 1 benefit increase
Providing a benefit increase to certain retirees of the public employees' retirement system plan 1 and the teachers' retirement system plan 1.
Summary
Provides a one-time, 3 percent increase to the retirement benefits of retirees in the Public Employees' Retirement System and the Teachers' Retirement System Plan 1, up to $110 per month. Directs the Select Committee on Pension Policy to study and recommend an ongoing cost-of-living adjustment during the 2023-25 fiscal biennium.
From the House Bill Report (SB 5350), written by the Legislature's nonpartisan staff. Read the full report ↗
Enacted Enacted · Chapter 397, Laws of 2023
IntroducedJan 12, 2023
Out of committeeFeb 21, 2023
Passed SenateFeb 27, 2023
Passed HouseApr 12, 2023
GovernorMay 9, 2023
LawMay 9, 2023
Introduced January 12, 2023 in the Senate
Last action May 9, 2023
Session law Chapter 397, Laws of 2023
Requested by Other
Budget Has a fiscal note
Sponsors (29)
Votes (3)
History (24)
Official bill page & text ↗
AN ACT Relating to providing a benefit increase to certain retirees of the public employees' retirement system plan 1 and the teachers' retirement system plan 1;
Votes
Senate · 3rd Reading & Final Passage
Passed February 27, 2023
Version voted on: SB 5350
48 Yea
0 Nay
0 Absent
1 Excused
Party Yea Nay Absent Excused
Democrat 28 0 0 1
Republican 20 0 0 0
How each member voted
House · Final Passage as Amended by the House
Passed April 12, 2023
Version voted on: SB 5350
97 Yea
0 Nay
0 Absent
1 Excused
Party Yea Nay Absent Excused
Democrat 57 0 0 1
Republican 40 0 0 0
How each member voted
House · Final Passage
Passed April 19, 2023
Version voted on: SB 5350
98 Yea
0 Nay
0 Absent
0 Excused
Party Yea Nay Absent Excused
Democrat 58 0 0 0
Republican 40 0 0 0
How each member voted
History
May 9, 2023 Effective date 7/1/2023.
May 9, 2023 Chapter 397, 2023 Laws.
May 9, 2023 Governor signed.
Apr 21, 2023 Delivered to Governor.
Apr 21, 2023 Speaker signed.
Apr 20, 2023 President signed.
Apr 19, 2023 Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0.
Apr 19, 2023 House receded from amendments.
Apr 13, 2023 Senate refuses to concur in House amendments. Asks House to recede from amendments.
Apr 12, 2023 Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
Apr 12, 2023 Rules suspended. Placed on Third Reading.
Apr 12, 2023 Committee amendment(s) adopted with no other amendments.
Apr 11, 2023 Rules Committee relieved of further consideration. Placed on second reading.
Mar 28, 2023 Referred to Rules 2 Review.
Mar 23, 2023 APP - Executive action taken by committee.
Mar 23, 2023 APP - Majority; do pass with amendment(s).
Mar 1, 2023 First reading, referred to Appropriations.
Feb 27, 2023 Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
Feb 27, 2023 Rules suspended. Placed on Third Reading.
Feb 22, 2023 Placed on second reading by Rules Committee.
Feb 21, 2023 Passed to Rules Committee for second reading.
Feb 20, 2023 Minority; without recommendation.
Feb 20, 2023 WM - Majority; do pass.
Jan 12, 2023 First reading, referred to Ways & Means.
SB 5350 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
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