SENATE BILL 396

File Code: State Pensions and Retirement Crossfiled with: HOUSE BILL 251

Sponsored By:

Senators McFadden, Colburn, and Munson

Entitled:

Correctional Officers' Retirement System - DROP

Synopsis:

Establishing a Deferred Retirement Option Program (DROP) for specified members in the Correctional Officers' Retirement System; requiring the State Retirement Agency to request specified documentation from the Internal Revenue Service; etc.

History by Legislative Date

Senate Action

2/1

First Reading Budget and Taxation

Hearing 2/9 at 9:00 a.m.

House Action

No Action

Sponsored by:

Senator Nathaniel J. McFadden, District 45

Senator Richard F. Colburn, District 37

Senator Donald F. Munson, District 2

Bill indexed under the following Subjects:

ADMINISTRATIVE AGENCIES -see also- ELECTRONIC GOVERNMENT

CORRECTIONAL OFFICERS

DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL

INCOME TAX

INTEREST

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

STATE EMPLOYEES

Bill affects the following Statutes:

State Personnel and Pensions

( 25-401.1 , 25-401.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered