HB 1535 (2022)
Grant $500 payment to retirees with annual allowance under $30k
This bill became law.
Last updated 2024-02-27 4:24 pm
Summary:
Grants a cost of living adjustment (COLA) of 1.5% to all retirees or beneficiaries whose annual retirement allowance is $30,000 or less, or otherwise up to the first $30,000, who have been retired for at least 60 months (5 years) prior to or on July 1, 2022.
The House rewrote the bill to instead provide a one-time, $500 allowance to retirees who have been retired for at least 60 months (5 years) prior to or on July 1, 2022 and who have an annual allowance less than $30,000.
Status:
Status Detail:
Signed by Governor
Public Hearing Date:
04/13/2022 09:30 am
Public Hearing Location:
SH Room 103
House Voting Date:
03/31/2022
Senate Voting Date:
05/05/2022
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