Senate Bill 0523
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DIGEST OF SB 523 (Updated April 24, 2003 3:42 PM - DI 96)
1977 fund service purchase. Allows certain members of the 1977 police officers' and firefighters' pension and disability fund to purchase at full actuarial cost additional service credit needed for the member to retire with a full unreduced benefit. Permits the member's employer to adopt an ordinance to pay all or part of the member's contributions required for the purchase of the service.
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