Legislative Session News Archive
Regular Session News #15: House Retirement Committee advances PBI funding bill
May 16, 2023
Today, the House Retirement Committee favorably reported Senate Bill 18 (Sen. Price/co-sponsored by Senate President Cortez). SB 18 would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. For details on the provisions of SB 18, please read our May 2 Legislative Update. SB 18 will be consider...
Regular Session News #13: PBI funding bill gets overwhelming support in the Senate
May 15, 2023
Today, the full Senate passed Senate Bill 18 (Sen. Price/co-sponsored by Senate President Cortez). SB 18 would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. For details on the provisions of SB 18, please read our May 2 Legislative Update. SB 18 now goes to the House for consideration. &...
Regular Session News #12: Senate chamber to take up PBI bill next week
May 12, 2023
Senate Bill 18 (Sen. Price/co-sponsored by Senate President Cortez) is scheduled for floor debate in the Senate on Monday, May 15. The Senate chamber will convene at 2 p.m. SB 18 would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. For details on the provisions of SB 18 as they currently sta...
Regular Session News #11: PBI funding bill moves to the full Senate
May 8, 2023
The Senate Finance committee reported Senate Bill 18 (Sen. Price/co-sponsored by Senate President Cortez) favorably as previously amended. SB 18 would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. For details on the provisions of SB 18 as they currently stand, please read our May 2 Leg...