Teachers' Retirement System, longevity bonus for certain retirees and beneficiaries
Third Reading in House of Origin
Summary
The bill changes the Teachers' Retirement System so that qualifying retirees and their beneficiaries receive a monthly allowance and a longevity bonus beginning September 30, 2026. Funding for the bonus is provided through appropriations referenced in HB 238. The measure has cleared the Senate and is awaiting further action in the House.
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