S2475 — Requires cost of living increase to be granted in each of two State fiscal years when retirement allowance or benefit is below certain amount for retiree or beneficiary in PERS, TPAF, PFRS, SPRS, and JRS; makes appropriation.

S2475 — Requires cost of living increase to be granted in each of two State fiscal years when retirement allowance or benefit is below certain amount for retiree or beneficiary in PERS, TPAF, PFRS, SPRS, and JRS; makes appropriation. · Informed CitizenryThe act provides for a cost of living increase in the monthly retirement allowance or pension/survivorship benefit for retirees and beneficiaries of the Teachers' Pension and Annuity Fund, Judicial…Open in Informed Citizenry