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Panel reports three retirement-related bills out of committee with due-pass recommendations
Summary
The House Appropriations Committee reported House Bills 2,124, 2,125 and 2,179 out of committee with due-pass recommendations after brief discussion on senior lump-sum options, use of interest earnings for retirement expenses, and retirement coverage for port-district workers; votes were 30 aye, 1 excused for each bill.
The House Appropriations Committee on an unspecified date reported three retirement-related bills out of committee with due-pass recommendations after brief discussion and one amendment withdrawal.
Vice Chair Gregersen moved that House Bill 2,124 be reported out of committee with a due-pass recommendation. Representative Couture described HB 2,124 as “a good little affordability bill for our seniors,” saying it would allow “a little bit more flexibility” by letting retirees use larger lump-sum payments to cover upfront retirement costs such as housing. Representative Fitzgibbon said the measure would also reduce workload for the Department of Retirement Systems so staff “can focus on more important things.” The committee held an oral roll call; Miss McCollum announced,…
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