The conversation around financial stability for retirees took center stage as State Senator David Niezgodski (D-South Bend) touted the merits of Senate Bill (SB) 63, also known as the "Thirteenth Check", during its recent committee hearing. The bill, which Niezgodski has championed almost annually since his election, aims to provide extra support to retired public employees and public school teachers. “Receiving a committee hearing in the first week of session is an honor and a clear signal that this bill remains a priority for Hoosiers,” Niezgodski stated in a release on the Indiana Senate Democrats' website.
Key facets of SB 63 include providing an additional payment, termed the 13th Check, to eligible pension plan recipients. Accompanying this payment is a supplemental $50 benefit for those qualified within the TRF, PERF, and EG&C plans, these changes, Niezgodski argues, mitigate the financial strain that retirees face, especially during times where living costs spike. “The least we can do is ensure they receive a 13th Check,” the senator affirmed, noting that such financial support is “essential” amidst the ongoing affordability crisis.
Demonstrating his commitment to Indiana's public servants, Niezgodski emphasized the significance of their contributions to the state—running governmental operations and educating young minds. In a statement obtained by Indiana Senate Democrats, he reflected, “These retirees devoted their time, talent, and energy to the State of Indiana, keeping our government and our classrooms running smoothly.” He believes the 13th Check is a display of respect and acknowledgment of their service.
The Senate Pensions and Labor Committee's engagement with SB 63 has been promising for Niezgodski, who looks ahead to January when the bill will be revisited for further action. He holds on to a positive outlook for the bill's progress. “I’m encouraged by the committee’s engagement today and look forward to moving this bill forward when we return in January,” Niezgodski shared, asserting that it's a measure of the due respect and support public retiree and teachers, deserve for their indispensable dedication to the state's welfare.
