What happened to assemblyman abbate bill to increase COLA in pension checks?

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2026-05-05 08:20

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Assemblyman Abbate's bill to increase the Cost of Living Adjustment (COLA) in pension checks faced hurdles in the legislative process. While it garnered support from various stakeholders, it ultimately did not pass in the assembly due to budget constraints and opposition from fiscal conservatives. The bill's future remains uncertain, as discussions continue around pension reform and the financial implications of increasing COLA for retirees.

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