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2009 SESSION

• | print version

SB 1378 Retirement System; purchase of prior service credit by teachers.

Introduced by: Kenneth W. Stolle | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Purchase of prior service credit by teachers.  Provides teachers with six years of teaching experience in the Commonwealth with an additional year to purchase prior service at a cost of five percent of creditable compensation or five percent of average final compensation, whichever is greater. The additional year would begin on the date that the teacher attained six years of creditable service earned as a teacher.

FULL TEXT

• 01/14/09  Senate: Prefiled and ordered printed; offered 01/14/09 094469328  pdf | impact statement

HISTORY

• 01/14/09  Senate: Prefiled and ordered printed; offered 01/14/09 094469328
• 01/14/09  Senate: Referred to Committee on Finance
• 02/11/09  Senate: Left in Finance