File Code: State Pensions and Retirement
- Sponsored By:
-
Delegate Proctor
- Entitled:
-
Employees' and Teachers' Pension Systems - Alternate Pension
Selection
Providing for an alternate pension selection for members of the
Employees' Pension System and the Teachers' Pension System; making the
selection optional for current members and mandatory for new members;
providing for the member contribution rate, the benefits, and the
cost-of-living adjustment for members subject to the alternate pension
selection; requiring that members who elect to be subject to the
alternate pension selection have at least 5 years of eligibility
service to receive increased benefits; etc.
House Action
- 2/3
- First Reading Appropriations
- Hearing 2/12 at 11:00 a.m.
Senate Action
- No Action
- Bill indexed under the following Subjects:
- RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
- STATE EMPLOYEES
- TEACHERS
- Bill affects the following Statutes:
- State Personnel and Pensions
- (
23-212 ,
23-217 ,
23-218 ,
23-401 ,
23-402 ,
29-108 ,
29-110 ,
29-404 ,
29-425 ,
29-426 ,
29-427
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)