Amendment #1136 to H4700

Public Retiree COLA Increase

Mr. Gordon of Bedford moves to amend the bill in section 59 in line 868 by striking the words “3 per cent” and inserting in place thereof the following words:- 5.9 per cent;

and further moves to amend the bill by adding the following section:-

Section XX. Notwithstanding any provision in section 103 of chapter 32 of the General Laws to the contrary, the retirement board of any system, that has accepted said section 103, may elect to establish a cost-of-living adjustment increase greater than 3 per cent up to 5.9 per cent for fiscal year 2023.

The sum of the dollar amount of said cost of living increase, together with the amount of retirement allowance, pension, or annuity to which the cost of living per cent factor is applied, shall become the fixed retirement allowance, pension or annuity for all future purposes, including the application of subsequent cost of living adjustments in future years.

The board shall conduct such election in a public meeting, properly posted, called specifically for such election. The board shall also notify each legislative body at least 30 days before such election. A retirement board may grant a cost-of-living increase greater than 3 per cent for fiscal year 2023 at any time during said fiscal year and said increase shall be retroactive to July 1, 2022.


Additional co-sponsor(s) added to Amendment #1136 to H4700

Public Retiree COLA Increase

Representative:

Jessica Ann Giannino

Timothy R. Whelan

Jay D. Livingstone

Michael P. Kushmerek

Michael J. Finn

Steven Ultrino

Peter Capano

David Paul Linsky

Mindy Domb

Lindsay N. Sabadosa

Brian M. Ashe

Michael J. Soter

Patricia A. Haddad

Thomas M. Stanley

Tackey Chan

Nicholas A. Boldyga

Mathew J. Muratore

William M. Straus

Colleen M. Garry

Edward F. Coppinger

Paul F. Tucker

Tricia Farley-Bouvier

Jerald A. Parisella

William J. Driscoll, Jr.

Paul McMurtry

Paul W. Mark

Rob Consalvo

Marjorie C. Decker

Shawn Dooley

David M. Rogers

Joseph D. McKenna

James K. Hawkins

Bradley H. Jones, Jr.

Steven C. Owens

Jeffrey N. Roy

David Henry Argosky LeBoeuf

Alice Hanlon Peisch

Antonio F. D. Cabral

Jacob R. Oliveira

Jack Patrick Lewis

Bud L. Williams

Brian W. Murray

Kevin G. Honan

Maria Duaime Robinson

Bruce J. Ayers

Christine P. Barber

Carol A. Doherty

John H. Rogers

Mark J. Cusack

Carole A. Fiola

Tommy Vitolo

James Arciero

Russell E. Holmes

Jeffrey Rosario Turco

Joan Meschino

Mike Connolly

Meghan Kilcoyne

Daniel Cahill

Vanna Howard

Mary S. Keefe

Edward R. Philips

Jon Santiago

Adam J. Scanlon

Kate Lipper-Garabedian

Kimberly N. Ferguson

Rady Mom

Adrian C. Madaro

Michael S. Day

James M. Murphy

Frank A. Moran

F. Jay Barrows

Norman J. Orrall

Josh S. Cutler

Patricia A. Duffy

Sean Garballey

Nika C. Elugardo

Brandy Fluker Oakley

Christopher M. Markey

Natalie M. Blais

Orlando Ramos

Tram T. Nguyen

Danielle W. Gregoire

Erika Uyterhoeven

Tami L. Gouveia

Hannah Kane

Joseph W. McGonagle, Jr.

Chynah Tyler

David Allen Robertson

Gerard J. Cassidy

James J. O'Day

Daniel J. Ryan

John J. Mahoney

Linda Dean Campbell

David Biele

Alyson M. Sullivan

Natalie M. Higgins

Andres X. Vargas

Kelly W. Pease