OPEA

Retirees will receive additional funds in their checks, effective July 1, when HB 3112 (Peterson and Mazzei) is signed by Governor Henry.  The bill passed both chambers unanimously on the last day of session.

The bill encountered a last-minute problem the day before session ended, when Rep. Richard Morrissette challenged a section of the bill as not germane.  The bill was tabled and passed the next day.

HB 3112 provides a four percent cost-of-living adjustment for state retirement systems, specifically four percent for OPERS retirees.  However, the language that allows retirees to receive annual adjustments automatically, without a vote of the legislature, is not in the final version.

“While we appreciate the increase in benefit this year, OPEA will continue to fight for a continuing COLA,” said Scott Barger, OPEA Deputy Director.  “The technical problem that the bill encountered in the House at the last minute is an example of what can go wrong in the legislative process.”

Important Notice

The Retiree Council will meet at the OPEA office, Monday, June 16 at 10:00 am to set the Retiree platforms for next legislative session.  Plan to attend and bring your ideas.  For more information, phone Trish Frazier, 800-880-6732, 405-524-6764 or email at trishf@opea.org.