HOUSE BILL 1453

File Code: State Pensions and Retirement

Sponsored By:

Chairman, Appropriations Committee

Entitled:

Correctional Officers' Retirement System - Deferred Retirement Option Program

Synopsis:

Establishing a Deferred Retirement Option Program for State employees who are members of the Correctional Officers' Retirement System; altering the reasons for terminating membership in the Correctional Officers' Retirement System to include participation in the Deferred Retirement Option Program; providing a period for specified employees to elect to participate in the Deferred Retirement Option Program; requiring the State Retirement Agency to request a private letter ruling from the Internal Revenue Service; etc.

History by Legislative Date

House Action

3/22

First Reading House Rules and Executive Nominations

Motion Rules Suspended for late introduction (Delegate Rawlings) Adopted (125-4)

Referred House Rules and Executive Nominations

3/23

Re-referred Appropriations

3/28

Hearing 4/1 at 1:00 p.m.

4/5

Unfavorable Report by Appropriations

Senate Action

No Action

Bill indexed under the following Subjects:

ADMINISTRATIVE AGENCIES -see also- ELECTRONIC GOVERNMENT

CORRECTIONAL OFFICERS

FEDERAL GOVERNMENT

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

STATE EMPLOYEES

Bill affects the following Statutes:

State Personnel and Pensions

( 25-205 , 25-401.1 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Vote (Legislative date is shown):

House

March 22, 2002: Motion Rules Suspended for late introduction (Rawlings) Adopted (125-4)