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House Bill 1039

House Bill 1039

ARCHIVE (2007)

Latest Information


Deferred retirement option plan. Authorizes a member of the 1925 police pension fund, the 1937 firefighters' pension fund, the 1953 police pension fund, or the 1977 police officers' and firefighters' pension and disability fund to resubmit, before July 1, 2007, a disapproved election to enter a deferred retirement option plan (DROP) and to have the election approved so that the dates the member enters and exits the DROP are the dates selected by the member when the election was initially submitted.
Current Status:
In Committee - first House
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