Cost-of-living adjustments (colas) were taken from the members of the Employees’ Retirement System of Rhode Island (ERSRI) in 2011.

A number of bills concerning cola restoration were submitted in both the House and Senate during the just ended legislative session. Bills were scheduled for hearings. A number of active and retired members of the state pension system testified at the hearings. The House and Senate finance committees decided the bills required further study. None of the bills were voted on.

Colas were terminated in 2011. Isn’t twelve years enough time to study the cola situation?

Joann Lombardi

Warwick