Friday, December 14, 2018
Home » Legislative News » RPEC members at SCPP meeting 11-13-2018

RPEC members at SCPP meeting 11-13-2018

RPEC members attended the Select Committee on Pension Policy (SCPP) meeting this morning at the Capitol Campus where the committee voted in favor of recommending a 3% Plan 1 benefit increase (COLA), capped at $62.50/month on July 1, 2019, for members not receiving a minimum benefit and who have been retired at least one year.

The committee also vote in favor of changing the default plan selection for new hires from Plan 3 to Plan 2.

We will continue to follow these items as they progress into the Legislature as it begins in January 2019.

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