Proposed Bill Hopes To Help Retired Teachers Cope With Rising Inflation

SACRAMENTO (CBS13) — State lawmakers hope that a new bill will help retired teachers cope with rising inflation.

The proposed bill would provide extra payments to California teachers who retired before 1999. The extra payment would boost their pensions by as much as 15% depending don't the year they retired.

The proposal made it through the State Senate last week. It now needs approval by the State Assembly and Gov. Newsom