File Code: State Pensions and Retirement
Crossfiled with: SENATE BILL 145
- Sponsored By:
-
Delegate Fulton
- Entitled:
-
Employees' Retirement System and Employees' Pension System -
(Comeback Early Out) Deferred Retirement Option Program
Creating a Deferred Retirement Option Program (DROP) for specified
members of the Employees' Retirement System and the Employees' Pension
System; establishing eligibility requirements; providing for an
application procedure; specifying how participation affects a member's
retirement allowance, compensation, and other terms and conditions of
employment; requiring any accrued pension liability to be funded over
a 15-year period; requiring certain special fund budgetary savings to
be transferred to the General Fund of the State; etc.
House Action
- 1/30
- First Reading Appropriations
- 2/4
- Hearing 2/17 at 11:00 a.m.
- 2/9
- Hearing cancelled
- Hearing 2/24 at 11:00 a.m.
- 2/19
- Hearing cancelled
- 4/12
- Unfavorable Report by Appropriations
Senate Action
- No Action
- Bill indexed under the following Subjects:
- BUDGET AND MANAGEMENT, DEPARTMENT OF
- FORMS
- REPORTS
- RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
- SALARIES -see also- OVERTIME
- STATE EMPLOYEES
- WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc
- Bill affects the following Statutes:
- State Personnel and Pensions
- (
21-304 ,
22-217 ,
22-401.1 ,
23-215 ,
23-401.1
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
