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Bill > H7391
RI H7391
RI H7391Reinstates, for all teachers and state employees who retired after July 1, 2012, their annual cost of living adjustment for retirement plan year 2026.
summary
Introduced
01/28/2026
01/28/2026
In Committee
01/28/2026
01/28/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Effective for retirement plan year 2026, the act would provide that all teachers and state employees who retired after July 1, 2012, their annual cost of living adjustment would be reinstated and municipal employees would receive a one-time cost of living adjustment of two and eighty nine one hundredths percent (2.89%). The act would also provide that public petition benefits from the state retirement system would not be subject to the state personal income tax. This act would take effect upon passage.
AI Summary
This bill reinstates the annual cost of living adjustment, or COLA, for teachers and state employees who retired after July 1, 2012, for the retirement plan year 2026, meaning they will receive their full annual COLA that year. Additionally, municipal employees who retired after July 1, 2012, will receive a one-time COLA of 2.89% in 2026. The bill also clarifies that public pension benefits from the state retirement system will not be subject to state personal income tax, and the entire act will become effective immediately upon its passage.
Committee Categories
Budget and Finance
Sponsors (10)
Bill O'Brien (D)*,
David Bennett (D),
Stephen Casey (D),
Julie Casimiro (D),
Doc Corvese (D),
Megan Cotter (D),
Matthew Dawson (D),
Katie Kazarian (D),
Carol McEntee (D),
Joseph Solomon (D),
Last Action
Introduced, referred to House Finance (on 01/28/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://status.rilegislature.gov/ |
| BillText | https://webserver.rilegislature.gov/BillText26/HouseText26/H7391.pdf |
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