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House State Government Committee approves COLA for some pre‑Act 9 public retirees, 14‑12
Summary
The House State Government Committee voted 14‑12 to report House Bill 408, which would provide a 10–20% cost‑of‑living adjustment for certain pre‑Act 9 public school and state retirees, after adopting a technical amendment that aligns funding provisions with existing actuarial methods.
Harrisburg — The House State Government Committee voted 14‑12 on March 17 to report House Bill 408 as amended, a measure that would grant a 10% to 20% cost‑of‑living adjustment (COLA) to eligible pre‑Act 9 retirees in the Public School Employees' Retirement System (PSERS) and the Civil Service Retirement System (CSRS).
The committee, called to order by Joe Webster, who identified himself as a “surprise pinch hitter” for Chairwoman Carol Hill Evans, considered and adopted a technical amendment, A0077, before taking a roll call. The…
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