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H 4673 - Cost-of-Living Pension Increases for Retired Legislators and State Workers - South Carolina Key Vote

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Title: Cost-of-Living Pension Increases for Retired Legislators and State Workers

Vote Smart's Synopsis:

Vote on a motion to recommit a bill to committee that increases annual cost-of-living pension increases for legislators and state employees.

Highlights:

-Creates an annual cost-of-living increase in pensions for legislators that is tied to the Consumer Price Index, with a two percent cap (Sec. 1). -Raises the cap on the annual cost-of-living increase in pensions for other state employees, which is tied to the Consumer Price Index, from one percent to two percent (Sec. 2).

Title: Cost-of-Living Pension Increases for Retired Legislators and State Workers

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