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2004 SESSION

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HB 273 State Police Officers' Retirement System; modifies retirement allowance.

Introduced by: Lacey E. Putney | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

State Police Officers' Retirement System. Modifies the retirement allowance paid to state police officers by increasing from 1.7 percent to 2.0 percent the percentage of average final compensation multiplied by the years of creditable service in such positions, and by deleting the supplemental allowance currently paid to members upon retirement until their Social Security retirement age (currently $9,264 annually). This provision applies to employees who become members of the State Police Officers' System on or after July 1, 2004, and to such current employees who elect to accept the modifications by October 31, 2004.

FULL TEXT

• 01/14/04  House: Presented & ordered printed, prefiled 01/08/04 042525476  pdf | impact statement

HISTORY

• 01/14/04  House: Presented & ordered printed, prefiled 01/08/04 042525476
• 01/14/04  House: Referred to Committee on Appropriations
• 01/15/04  House: Assigned to App. sub-committee: 10
• 02/13/04  House: Tabled in Appropriations (20-Y 5-N)