Introduced Senate Bill (S)

Authored by

DIGEST

Termination of local defined benefit plans. Requires the termination of a defined benefit plan sponsored by a political subdivision if the full actuarially determined contribution to the plan is not made for three consecutive years. Termination of local defined benefit plans. Requires the termination of a defined benefit plan sponsored by a political subdivision if the full actuarially determined contribution to the plan is not made for three consecutive years.