Docket Room.
SB 169·NM·senate

COST-OF-LIVING FOR SOME RETIREES

FailedFiled Jan 28, 2026
Sponsor: Stefanics, Elizabeth "Liz"
Latest Action

Action Postponed Indefinitely (session adjourned sine die)

Feb 19, 2026

Summary

The bill adds a short‑term cost‑of‑living increase for qualified public‑employee retirees, especially those over 65, and sets higher boosts for low‑benefit retirees, retirees age 75, and disability retirees. It amends the pension law to define eligibility, calculation methods, and caps, and appropriates $10 million to pay the increase in fiscal years 2027‑2028. The measure is currently postponed indefinitely.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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