Rhode Island HB 5404: AN ACT RELATING TO RETIREMENT SYSTEM -- CONTRIBUTIONS AND BENEFITS (Compensates pre-2011 retirees with a non-compounded one-time adjustment for the difference in benefits between 2011 and 2023. Provides a COLA for the year 2024 and every year thereafter.)

Status: 05/18/2023 Committee recommended measure be held for further study (as of 2023-05-18)

State: Rhode Island · Session: 2023 · Bill: HB 5404

Subjects: Business & Professions, Finance, Labor, Public Officers, Retirement

Sponsors: Bennett, Cotter, Craven, Edwards, O'Brien, Shanley, Spears, Vella-Wilkinson

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