Legislation - SB1121

Altering the accrual rate from 2.0% to 2.5% for service earned on or after July 1, 2024, for calculating the retirement allowance for certain retirees of the Law Enforcement Officers' Pension System; 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; etc.

Committees

Original:: Rules

Details

Introduced in a prior session as: SB0264 Session: 2023 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2024

History

Legislation History
Chamber Senate Calendar Date 2/09/2024 Legislative Date 2/09/2024 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Law Enforcement Officers' Pension System - Benefits Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/09/2024	2/09/2024	First Reading Senate Rules
			Text - First - Law Enforcement Officers' Pension System - Benefits

File Code

Subjects

Statutes