Committee orders study of Plan 3 and asks retiree groups for COLA proposals

Apr 21, 2026

The committee directed staff to scope a comparative study of Plan 3 and Plan 2 and asked retiree groups to submit formal COLA requests; staff also outlined a calendar of briefings through the interim to inform any recommendation.

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Senator Conway, chair, asked staff to work with the Department of Retirement Systems to draft an outline for a study comparing Plan 3 and Plan 2 and to present that outline to the full committee in May.

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