HB 6930 - Amends How Cost-of-Living Increases are Calculated - Connecticut Key Vote

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Title: Amends How Cost-of-Living Increases are Calculated

Title: Amends How Cost-of-Living Increases are Calculated

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Title: Amends How Cost-of-Living Increases are Calculated

Vote Smart's Synopsis:

Vote to pass a bill that amends how cost-of-living increases are calculated.

Highlights:

  • Amends how state cost-of-living increases are calculated and re-amortized the unfunded liability of municipal pension fund from 17-25 years (Sec. 3).

  • Specifies that the provisions of this bill shall take effect June 27, 2023 (Sec. 6).

Title: Amends How Cost-of-Living Increases are Calculated

Committee Sponsors

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