State employees, cost-of-living increase for fiscal year beginning October 1, 2026

Summary

The law provides a cost‑of‑living increase to state employees for the fiscal year beginning October 1, 2026, and creates a funded lump‑sum longevity bonus for certain retirees and their beneficiaries in the Employees’ Retirement System. The bonus equals $1 for each month of service for retirees who retired before October 1, 2025 and are receiving benefits on September 30, 2026, with costs paid by the state or by employers that opt in.

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