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Lawmakers Hear Proposal to Give One‑Time Supplemental Payments to Retired Teachers
Summary
Representative Mike Schatz introduced House Bill 1285 to the Government and Veterans Affairs Committee, proposing a one‑time supplemental payment for retired teachers funded from the general fund and targeting members receiving benefits before Jan. 1, 2025.
Representative Mike Schatz, sponsor of House Bill 1285, told the House Government and Veterans Affairs Committee the bill would give retired teachers a supplemental, cost‑of‑living payment because “teachers have not had an increase since 2008.”
The proposal would direct a one‑time transfer from the general fund to the Teachers Fund for Retirement (TFFR) and authorize supplemental payments in December 2025 to members receiving benefits before Jan. 1, 2025. Schatz said he intends the increase to target lower‑income retirees and described the bill as a step toward fairness compared with annual increases the legislature has periodically granted state employees.
Why it matters: retirees who rely primarily on…
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