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Bill > S2362
RI S2362
RI S2362Increases monthly minimum benefit for a spouse, domestic partner, former spouse. Grant a 3.34% COLA for eligible retirees. Provided a modification reducing federal AGI for public pension benefits from the RI employees retirement system.
summary
Introduced
01/30/2026
01/30/2026
In Committee
01/30/2026
01/30/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
This act would increase the monthly minimum benefit for a spouse, domestic partner or former spouse and grant, to eligible retirees who retired after July 1, 2012, and provide a one-time full COLA of three and thirty-four one hundredths percent (3.34%). This act would further provide a modification reducing federal adjusted gross income for the amount received of public pension benefits administered by the Employees Retirement System of Rhode Island. This act would take effect upon passage.
AI Summary
This bill increases the minimum monthly benefit for spouses, domestic partners, and former spouses, and grants eligible retirees who retired after July 1, 2012, a one-time cost-of-living adjustment (COLA) of 3.34%. Additionally, it allows for a reduction in federal adjusted gross income (AGI) for public pension benefits received from the Employees Retirement System of Rhode Island, meaning a portion of these pension benefits will not be taxed at the federal level.
Committee Categories
Budget and Finance
Sponsors (7)
Sue Sosnowski (D)*,
Frank Ciccone (D),
Lou DiPalma (D),
Hanna Gallo (D),
Victoria Gu (D),
Melissa Murray (D),
Bridget Valverde (D),
Last Action
Introduced, referred to Senate Finance (on 01/30/2026)
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/SenateText26/S2362.pdf |
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