Indiana legislation · 2026 Regular Session
Indiana HB1163: Prosecuting attorneys retirement fund COLA.
Status: In committee, January 5, 2026
Provides for an annual cost of living adjustment (COLA) for participants of the prosecuting attorneys retirement fund based on the percentage increase in the Consumer Price Index.
What the bill says
A bill FOR AN ACT to amend the Indiana Code concerning pensions.
From the introduced text:
A BILL FOR AN ACT to amend the Indiana Code concerning pensions. SECTION 1. IC 33-39-7-27 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2026]: Sec. 27. (a) This section applies to state fiscal years beginning after June 30, 2026. (b) Each state fiscal year, the monthly benefit payable under this chapter to a participant shall be increased by the percentage increase in the Consumer Price Index, if any, as calculated under IC 36-8-8-15. The increase under this subsection may not exceed three percent (3%). (c) The increase described in subsection (b) shall be applied to the monthly benefit (including any previous increases to the monthly benefit received under this section or under any other provision) beginning with the July payment. 2026 IN 1163--LS 6512/DI
Sponsors
- Gregory Steuerwald (R, HD-040) · primary sponsor
- Garrett Bascom (R, HD-068)
- Jennifer Meltzer (R, HD-073)
- Alex Zimmerman (R, HD-067)
Latest actions
- : First reading: referred to Committee on Employment, Labor and Pensions
- : Authored by Representative Steuerwald
- : Coauthored by Representatives Bascom, Meltzer, Zimmerman
Subjects: PENSIONS AND RETIREMENT BENEFITS; Cost of Living Adjustments (COLA), CRIMINAL LAW AND PROCEDURE; Prosecuting Attorneys (Non-Elected), PENSIONS AND RETIREMENT BENEFITS; Generally
Common questions
- What is HB1163?
- HB1163 is a bill in the Indiana Legislature (2026 Regular Session): Prosecuting attorneys retirement fund COLA.
- What does HB1163 do?
- In its own words: A bill FOR AN ACT to amend the Indiana Code concerning pensions.
- What is the status of HB1163?
- In committee as of January 5, 2026. Latest action: First reading: referred to Committee on Employment, Labor and Pensions (January 5, 2026).
- Who sponsored HB1163?
- Gregory Steuerwald (R, HD-040), with 3 co-sponsors.
- Where is the official record for HB1163?
- On the Indiana Legislature website: https://iga.in.gov/legislative/2026/bills/house/1163
Source: official Indiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.