AN ACT RELATING TO LABOR AND LABOR RELATIONS -- WORKERS' COMPENSATION COURT

HB 5737 amends the laws regarding additional benefits, specifically cost-of-living adjustments (COLAs), for retired Workers' Compensation Court judges and their surviving spouses or domestic partners. The bill establishes different rules for calculating these adjustments based on the judge's retirement date. Some COLAs are a fixed percentage of the original allowance, while others are tied to the Consumer Price Index or the retirement system's investment returns. It also introduces conditions for adjustments based on the retirement system's funding level and includes a one-time benefit adjustment for certain retirees.