Concerning cost-of-living adjustments for plan 1 retirees of the teachers' retirement system and public employees' retirement system.

Also relevant to:Senior (65+, Medicare/SS)

Where it is in the process

Plain-English Summary

This bill provides ongoing cost-of-living adjustments for retirees of the teachers' and public employees' retirement systems, Plan 1. It also establishes a new funding policy to manage these costs by spreading them over 15 years. This change affects retirees receiving benefits from these specific retirement plans.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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