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2018 Regular Session



State Police Retirement System - Deferred Retirement Option Program - Alterations

Sponsored by:

Delegate Barnes, B.


In the Senate - Favorable Report by Budget and Taxation

Synopsis:Increasing the maximum number of years of eligibility service that certain members of the State Police Retirement System may have to participate in the Deferred Retirement Option Program (DROP) to 30; increasing the number of years that certain members of the State Police Retirement System may participate in the DROP; authorizing certain individuals, subject to certain limitations and requirements, to elect to extend their participation in the DROP; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Delegate B. Barnes
Additional Facts:Cross-filed with: SB0895
Bill File Type: Regular
Effective Date(s): July 1, 2018
Appropriations  View Committee HearingBudget and Taxation
Broad Subject(s):State Pensions and Retirement
Narrow Subject(s):Law Enforcement -see also- State Police, Department of
Retirement Systems -see also- Mandatory Retirement
State Employees
Statutes:Article - State Personnel and Pensions

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March 20, 2018 3:47 P.M.