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2003 SESSION

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HB 2481 Retirement Incentive Program Act of 2003.

Introduced by: Robert Tata | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Retirement Incentive Program Act of 2003. Creates a voluntary retirement incentive program for state employees. Employees who elect to participate and have at least 27 years of creditable service but less than 30 years will be deemed for retirement purposes to have 30 years of creditable service, and those employees who have 30 or more years of creditable service will be awarded an additional year of creditable service. Employees must have the approval of their agency head in order to participate.


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