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Senate Passes Bill Increasing Pensioner’s Income Reduction Limit

The Senate joined the House in passing House Bill 63, a bipartisan bill, unanimously. Right now, state pensioners (people who have worked for the state and then retired and started collecting their pension) are allowed to earn additional income up to $40,000 without losing any amount of their pension income. Over $40,000, the pensioner will have his or her pension reduced $1 for every $2 of new income (a 50% reduction).

This bill will increase that $40,000 threshold to $50,000.

The bill now goes to the Governor.

House Bill 63INCREASING PENSIONER’S INCOME REDUCTION LIMITCurrrent Status – House Passed 40-0-1. Senate Passed 20-0-1. Sent to the Governor.
House SponsorsDukes Briggs-King Gray Hensley Short Yearick // Osienski WilliamsSenate SponsorsBrown Sokola // Hocker Richardson Wilson
House Yes VotesBaumbach Bush Carson Chukwuocha Cooke Dorsey-Walker Griffith Harris Heffernan Johnson Lambert Longhurst Lynn Matthews Minor-Brown Moore Morrison Neal Osienski Parker-Selby Phillips Romer Schwartzkopf Williams Wilson-Anton // Briggs King Collins Dukes Gray Hensley Hilovsky Morris Postles Ramone Short Shupe Smith Spiegelman Vanderwende YearickSenate Yes VotesBrown Gay Hansen Hoffner Huxtable Lockman Mantzavinos McBride Pinkney Poore Sokola Sturgeon Townsend Walsh // Buckson Hocker Lawson Pettyjohn Richardon Wilson
House No Votes – None Senate No Votes – None
House Absents or Not VotingBoldenSenate Absent or Not VotingParadee

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