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Legislation


1996 Regular Session

HOUSE BILL 1180

File Code: Public Sector Pensions and Retirement Systems Prior Year Introduction As: HB 1113/95 - APP
Sponsored By:
Delegate Poole
Entitled:
Pension Systems - Cost-of-Living Adjustment

Synopsis:

Altering the method of calculating the cost-of-living adjustments for retirement allowances of retirees of the Employees' Pension System, the Local Fire and Police System, the Natural Resources Pension System, and the Teachers' Pension System to provide for compounding the adjustment on an annual basis; and altering the method of calculating the maximum rate of the cost-of-living adjustment to provide for compounding on an annual basis.

Legislative History

House Action
2/9
First Reading Appropriations
2/28
Hearing 3/14 at 1:00 p.m.
4/8
Unfavorable Report by Appropriations
Senate Action
No Action
Bill indexed under the following Subjects:
FIRE PROTECTION
NATURAL RESOURCES, DEPARTMENT OF
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
STATE EMPLOYEES
TEACHERS
Bill affects the following Statutes:
State Personnel and Pensions
( 29-404 , 29-406 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None available
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