Passed BothConf. Cmte
- Law Enforcement Officers' Pension System - Benefits
- Sponsored by
- Delegates Reilly, Adams, Anderton, Arikan, Buckel, Chisholm, Griffith, Hornberger, Howard, Kipke, Kittleman, Lisanti, McComas, McKay, Munoz, Pippy, Rose, Saab, Szeliga, Thiam, and Wivell
- In the House - Hearing 2/17 at 3:00 p.m.
- Fiscal and Policy Note
Altering the accrual rate from 2.0% to 2.5% for service earned on or after July 1, 2022, for calculating the retirement allowance for certain retirees of the Law Enforcement Officers' Pension System; and altering the maximum benefit that certain retirees of the Law Enforcement Officers' Pension System may receive, from 65% to 70% of the member's average final compensation.
Bill File Type: Regular
Effective Date(s): July 1, 2022
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Last Updated: 7/8/2022 2:25 PM