Month: August 2022

No Picture
General

Gas prices falling in Georgia, but are still higher than the same time last year

August 1, 2022 T.A. DeFeo | The Center Square contributor

(The Center Square) — Georgia motorists continue to see a bit of relief as gas prices drop, but they remain higher than a year ago. In Georgia, a gallon of regular unleaded gas averages $3.77, according to AAA. While the average is 13 cents less than a week ago and 59 cents less than a month ago, it is 81 cents higher than last year. According to AAA, Georgia motorists will pay $56.55 to fill

No Picture
General

Georgia pension fund provides 1.5% cost of living adjustment to help retirees

August 1, 2022 T.A. DeFeo | The Center Square contributor

(The Center Square) — Retired Georgia state employees started receiving a 1.5% cost-of-living adjustment with their monthly benefit payment, which state lawmakers say is needed amid rising inflation. In passing the $30.2 billion fiscal 2023 state budget with House Bill 911, Georgia lawmakers allocated $119.6 million to increase the employer contribution rate for several retirement plans. The spending plan represented a roughly 10.8% increase over last year’s budget. In addition to the COLA for Employees’