From Frankfort

COLA adjustments "highly unlikely," legislative leader says

09/06/2017 02:56 PM

FRANKFORT — A week after consultants recommended sweeping changes to state pension plans one lawmaker expressed doubt on one of the more controversial suggestions. House Speaker Jeff Hoover, R-Jamestown, told reporters that rolling back pensions of retired state employees that have increased due to cost of living adjustments would be “highly unlikely.” “There may be some variation, but I mean it’s highly unlikely that this group that has been working on that would consider that recommendation,” Hoover said. Hoover told... Read more 

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