Establishing a cash balance plan under the State Retirement and Pension System; requiring that individuals who on June 30, 2018, are members of specified pension systems become members of the cash balance plan on July 1, 2018; requiring that specified individuals who are employed on or after July 1, 2018, by participating employers become members of the cash balance plan; requiring the Board of Trustees of the State Retirement and Pension System to administer the cash balance plan; etc.
Bill File Type: Regular
Effective Date(s): June 1, 2017
Bill imposes a mandated appropriation in the annual State Budget Bill
( 23-203, 23-204, 23-208, 30-302, 33-101 through 33-209 )
Last Updated: 2/3/2020 2:31 PM