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Senate Bill 0437


Senate Bill 0437

ARCHIVE (2000)

Latest Information

 

DIGEST OF SB0437 (Updated January 20, 2000 10:40 AM - DI 73)


Prosecuting attorneys retirement fund. Provides that a member of the prosecuting attorneys retirement fund is not required to make contributions to the fund after the member has contributed to the fund for 22 years. Reduces from ten to eight the number of years required to vest as a member of the prosecuting attorneys retirement fund. Increases the percentages used in computing retirement benefits under the prosecuting attorneys retirement fund. Changes the reduction factor for retirement before 65 years of age. (The introduced version of this bill was prepared by the pension management oversight commission.)
    Current Status:
     In Committee - first House
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