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Cost of Living
Adjustment (COLA)
clears indiana senate COMMITTEE
INDIANAPOLIS
–
House Bill 1498,
authored by retired teacher, Rep. William Ruppel
(R-N. Manchester) and coauthored by Rep. David
Niezgodski (D-South Bend), Rep. Randy Truitt (R-W.
Lafayette), and Rep. Terry Goodin (D-Austin) and
sponsored by Sen. Dennis Kruse (R-Auburn), Sen.
Karen Tallian (D-Portage), Sen. Randy Head
(R-Logansport), and co-sponsored by Sen. Gary Dillon
(R-Columbia City) passed the Senate Committee on
Pensions and Labor this morning with a vote of 9 to
2. Testifying in support of the bill were
Indiana Retired Teachers Association President
Eugene Wease, President-Elect Nancy Tolson, and
Executive Director Andrew P. Thomas. Also
testifying in support of the bill was Paul Chase
representing AARP of Indiana. The bill
provides for a 2% increase payable to those who
retired before July 2, 2001, and a 1% increase
provided to those who retired after July 1, 2001,
and before July 2, 2007. These increases would
be payable after December 31, 2009. The bill
now moves forward to the Indiana Senate
Appropriations Committee.
The
bill passed the Indiana House of Representatives on
February 25, 2009, by a vote of 91 to 0.
The Indiana Retired
Teachers Association was founded in 1950 to advocate
for retired educators, to promote community
leadership and service, and to encourage and support
education initiatives in Indiana. It currently
has over 25,500 members.
Andrew P. Thomas
Executive Director
Indiana Retired
Teachers Association
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