House Bill 408
2025-2026
Deasy
0380
PSERS
SERS
Cost of Living Adjustments
Provides cost-of-living adjustments for certain SERS and PSERS annuitants that retired prior to July 2, 2001. Adjustments range from 10-20% of current annuities depending on year of retirement. Adjustments would be effective beginning July 1, 2025 for both systems.
Mar 28, 2025 - HB 408 PN 380 Actuarial Note - opens in a new tab
Mar 28, 2025 - HB 408 PN 380 A00077 Letter - opens in a new tab
Mar 28, 2025 - HB 408 PN 984 Actuarial Note - opens in a new tab
Apr 1, 2025 - HB 408 PN 984 A00165 Letter - opens in a new tab
Apr 1, 2025 - HB 408 PN 984 A00187 Letter - opens in a new tab
Apr 1, 2025 - HB 408 PN 984 A00213 Letter - opens in a new tab
Apr 1, 2025 - HB 408 PN 984 A00223 Letter - opens in a new tab
| PN 0380 | Referred to STATE GOVERNMENT, Jan. 29, 2025 |
| PN 0984 | Reported as amended, March 17, 2025 |