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House Bill 1368


 

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House Bill 1368

ARCHIVE (2006)

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DIGEST OF HB1368 (Updated March 6, 2006 5:10 pm - DI 84)

PERF and TRF cost of living adjustments. Provides a 2% cost of living adjustment for all members, survivors, and beneficiaries of the public employees' retirement fund (PERF) who were retired or disabled before January 1, 2006, beginning in 2007. Provides cost of living adjustments for certain members, survivors, and beneficiaries of the teachers' retirement fund (TRF) beginning in 2007. Provides for a thirteenth check in 2006 for PERF members, survivors, and beneficiaries based on the complete years of service credited to a member at retirement.
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