One time Pay - Pension Adjustments

Senate Bill 236 passed the second session of the 149th General Assembly, which concluded on June 30, 2018. It provides for a one-time supplemental payment for retirees whose effective date of retirement was on or prior to July 1, 2018. As of November 1, 2018, there will be a $400 one-time supplement for retired members of the State Employees’, New State Police, and Judicial Pension Plans (not the Closed State Police plan). This increase will be reflected in the monthly pension benefit payment on November 30, 2018. The purpose of SB 236 is to provide a one-time supplement to employees and retirees, but the intent of the legislation is that an individual should not receive more than one supplement payment. So if you are an active employee that receives a supplement payment you will not receive the retiree supplement, unless you are receiving a survivor pension. The Closed State Police Plan Post Retirement Increase is 2.15% and will be included in the July 31, 2018 benefit payment.