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IN HB1163
Bill
Status
Introduced
1/5/2026
Primary Sponsor
Gregory Steuerwald
Click for details
AI Summary
- Establishes an annual cost of living adjustment (COLA) for participants in the prosecuting attorneys retirement fund, effective July 1, 2026
- Monthly benefits increase each state fiscal year based on the percentage increase in the Consumer Price Index
- COLA increases are capped at a maximum of 3% per year
- Adjustments apply to the total monthly benefit including any previous increases and take effect with the July payment each year
Legislative Description
Prosecuting attorneys retirement fund COLA.
Last Action
First reading: referred to Committee on Employment, Labor and Pensions
1/5/2026
Committee Referrals
Employment, Labor and Pensions1/5/2026
Full Bill Text
No bill text available