Cost-of-living increase for NH retirees passed by Senate
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The pivotal step to deliver the first cost-of-living adjustment for nearly 30,000 retired public employees in a decade narrowly cleared the State Senate Thursday.
The 12-11 vote sends the bill (HB 616) for a 1.5 percent increase to the desk of Gov. Chris Sununu, who has said he will sign it.
The increase, effective July 1, would only to go to state, county and local retirees who finished their government service at least five years ago.