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House Bill 1216


House Bill 1216

ARCHIVE (2000)

Latest Information

 

DIGEST OF HB1216 (Updated January 20, 2000 5:10 PM - DI 92)


County sheriffs' retirement funds. Permits a county fiscal body to use an alternative formula to compute the maximum monthly pension for all retired members of a county sheriff's retirement fund (under current law, a county fiscal body is authorized to use the alternative formula only for persons who retired after June 30, 1997). Permits a county fiscal body to provide both annual and ad hoc cost of living payments to retired or disabled members of a county sheriff's retirement fund (under current law, a county fiscal body may provide for an annual or ad hoc payment, but not both). Reduces the age of eligibility for cost of living adjustments to retired or disabled members of a county sheriff's retirement fund from 55 years of age to 52 years of age.
Current Status:
 In Committee - 2nd House
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