Session News #9: PBI bill granted another committee hearing
May 7, 2015
Although the bill to grant a 1.5% permanent benefit increase to eligible retirees and beneficiaries did not advance out of the House Retirement Committee last week, House Bill 42 (Rep. Jones) will be reconsidered by the committee next Thursday. In an unusual legislative procedure, the full House voted to direct the committee to report the bill on May 14.Recap: No committee action on bills affecting TRSL
Neither the House Retirement Committee nor the Senate Retirement Committee met this week.
Coming up
The House Retirement Committee is scheduled to meet on Thursday, May 14 upon adjournment of the full House to consider the following:
- House Bill 42 (Rep. Jones) would provide a 1.5% permanent benefit increase (also known as a COLA) to eligible retirees and beneficiaries of the four state retirement systems.
- Senate Bill 16 (Sen. E. Guillory) makes technical corrections to Act 399 of 2014.
- Senate Bill 20 (Sen. Long) adds to the categories of “retired teacher” in the state’s return-to-work law and restructures the law.