relative to the cost of living adjustments for certain group II retirees in the New Hampshire retirement system.

SB 242 proposes adjusting cost-of-living allowances (COLAs) for certain retirees in New Hampshire's Group II retirement system. It directly affects eligible retirees who are currently receiving benefits under this specific retirement category. The bill does not detail specific adjustment mechanisms or formulas, as the provided context only confirms its purpose and current status. As of the latest action on October 31, 2025, the bill was deemed "Inexpedient to Legislate" by the Senate, halting further progress.