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Senate Bill 0141

Senate Bill 0141

ARCHIVE (2003)

Latest Information

DIGEST OF SB141 (Updated April 8, 2003 2:55 PM - DI 84)

PERF direct deposit notices. Requires the public employees' retirement fund (PERF) to adopt a policy promoting direct deposit as the preferred way for members and beneficiaries to receive monthly benefits. Requires PERF to provide members and beneficiaries using direct deposit with written notice before a benefit amount changes or once every 12 months if the benefit amount does not change.
    Current Status:
    Law Enacted
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