Legislative Session News Archive
Regular Session News #16: PBI funding bill continues legislative journey next week
May 19, 2023
Less than three weeks remain in this year’s session. Legislation affecting TRSL, including the PBI funding bill, is slated for committee consideration as listed below: HOUSE APPROPRIATIONS COMMITTEE - 9 a.m., Monday, May 22 (agenda) Senate Bill 18 (Sen. Price/co-sponsored by Senate President Cortez) would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retireme...
Regular Session News #14: PBI funding bill goes to House Retirement Thursday
May 17, 2023
The House Retirement Committee will consider Senate Bill 18 (Sen. Price/co-sponsored by Senate President Cortez) at 10 a.m., Thursday, May 18 (agenda). SB 18 would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. For details on the provisions of SB 18, please read our May 2 Legisla...
Regular Session News #15: House Retirement Committee advances PBI funding bill
May 16, 2023
Today, the House Retirement Committee favorably reported Senate Bill 18 (Sen. Price/co-sponsored by Senate President Cortez). SB 18 would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. For details on the provisions of SB 18, please read our May 2 Legislative Update. SB 18 will be consider...
Regular Session News #13: PBI funding bill gets overwhelming support in the Senate
May 15, 2023
Today, the full Senate passed Senate Bill 18 (Sen. Price/co-sponsored by Senate President Cortez). SB 18 would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. For details on the provisions of SB 18, please read our May 2 Legislative Update. SB 18 now goes to the House for consideration. &...