SB 1779 — Modifies cost of living adjustments for members of the Public School Retirement System and the Public Education Employee Retirement System
Last action — Second Read and Referred S Local Government, Elections and Pensions Committee
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced February 26, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
SB 1779 - Current law provides that retired members of the Public School Retirement System ("PSRS") and the Public Education Employee Retirement System ("PEERS") may receive yearly cost of living adjustments on monthly retirement allowances, but the total of the increases granted to a retired member or the beneficiary may not exceed 80% of a member's retirement allowance established at retirement or as previously adjusted. This act provides that the limitation on the total of the increases granted to a retired member or the beneficiary shall be subject to annual increases approved by the Board of Trustees of PSRS/PEERS ("Board") every December 31st, except such increases to the limitation shall not exceed 2% and shall depend on the performance of the system's investments. If the system's investments earn 2% or greater returns in excess of the investment return rate adopted by the Board, then the percentage of retirement allowance for the total of increases granted shall be increased by 2%. The total increases granted to a retired member or beneficiary shall not exceed 80% of the retirement allowance established at retirement or as previously adjusted. If a retired member or beneficiary has already reached the 80% cap, such retired member or beneficiary shall be granted a 2% cost of living adjustment for that year unless the system's investments fail to earn at least 2% of returns in excess of the investment return rate adopted by the Board, in which case the member shall not get a cost of living increase. This 2% cost of living increase shall not be cumulative. This act is identical to HB 2095 (2026) and is similar to SB 709 (2025), HB 329 (2025), and SB 1421 (2024). KATIE O'BRIEN
Bill Text
- Introduced 7387S.01I - Introduced Current pdf
Action History
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Second Read and Referred S Local Government, Elections and Pensions Committee
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S First Read
Sponsors
- Mike Henderson · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 198 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (198)
198 members have not signed on to this bill.
Show all 198 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 1779 do?
- SB 1779 - Current law provides that retired members of the Public School Retirement System ("PSRS") and the Public Education Employee Retirement System ("PEERS") may receive yearly cost of living adjustments on monthly retirement allowances, but the total of the increases granted to a retired member or the beneficiary may not exceed 80% of a member's retirement allowance established at retirement or as previously adjusted. This act provides that the limitation on the total of the increases granted to a retired member or the beneficiary shall be subject to annual increases approved by the Board of Trustees of PSRS/PEERS ("Board") every December 31st, except such increases to the limitation shall not exceed 2% and shall depend on the performance of the system's investments. If the system's investments earn 2% or greater returns in excess of the investment return rate adopted by the Board, then the percentage of retirement allowance for the total of increases granted shall be increased by 2%. The total increases granted to a retired member or beneficiary shall not exceed 80% of the retirement allowance established at retirement or as previously adjusted. If a retired member or beneficiary has already reached the 80% cap, such retired member or beneficiary shall be granted a 2% cost of living adjustment for that year unless the system's investments fail to earn at least 2% of returns in excess of the investment return rate adopted by the Board, in which case the member shall not get a cost of living increase. This 2% cost of living increase shall not be cumulative. This act is identical to HB 2095 (2026) and is similar to SB 709 (2025), HB 329 (2025), and SB 1421 (2024). KATIE O'BRIEN
- Who sponsors SB 1779?
- SB 1779 is sponsored by Mike Henderson.
- What is the current status of SB 1779?
- This bill is in committee in the Senate. Introduced February 26, 2026. It must pass committee before a floor vote.
- Where can I track SB 1779?
- Track SB 1779 free on One Click Politics — get push/email alerts when it moves.
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