Reinstates automatic COLAs for retirement benefits of certain PFRS members.

Summary

The measure amends the Police and Firemen’s Retirement System statutes to let the board of trustees reinstate COLA benefits for certain members without extra contributions, provided an actuary certifies the change won’t raise employer costs or harm fund solvency. It also clarifies the 12‑member board’s composition and appointment rules. The bill is currently referred to committee after its first reading.

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