|Posted:||January 7, 2015 12:36 PM|
|From:||Representative Keith J. Greiner|
|To:||All House members|
|Subject:||Amending the County Pension Law, further providing for supplemental benefits|
|In the near future, I plan to re-introduce legislation to alleviate county governments of mandates. This legislation was previously introduced as HB 2399 (Grove) during the 2013-2014 session.
Under current law, any Cost of Living Adjustment (COLA) has to be retroactive which, depending on past increases, could lead to significant tax increases. Unfortunately, this places county commissioners and officials in a difficult position as either they raise taxes or leave retirees years in between COLAs. My bill allows the County Retirement Board to offer retirees a COLA attached to the Cost of Living Index which would allow retirees to receive a needed COLA without adversely affecting the taxpayers.
Please join me in co-sponsoring this important legislation by clicking on the link below. If you have any questions, please contact Eric Reath at 8-1280.
Previous sponsor and co-sponsors: GROVE, AUMENT, HEFFLEY, MURT AND GINGRICH.
Introduced as HB239