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PA HB754
Bill
Status
Engrossed
5/7/2025
Primary Sponsor
Patrick Harkins
Click for details
AI Summary
- Amends the County Pension Law (Act of August 31, 1971) to modify how cost-of-living adjustments (COLAs) are applied to county employee retirement benefits
- Caps COLA increases at "up to, but no more than" the cost-of-living index percentages, adding a maximum limit to potential adjustments
- Requires county pension boards to review cost-of-living increases at least once every three years
- Eliminates the requirement for retroactive calculation of adjustments back to the previous COLA date
- Takes effect 60 days after enactment, with approved adjustments becoming effective January 1 of the calendar year following approval
Legislative Description
Further providing for supplemental benefits.
Last Action
Referred to Local Government
5/22/2025
Committee Referrals
Local Government5/22/2025
Appropriations5/6/2025
Local Government3/3/2025
Full Bill Text
No bill text available