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House Bill 1173


House Bill 1173

ARCHIVE (2007)

Latest Information

 

DIGEST OF HB 1173 (Updated April 28, 2007 3:58 pm - DI 102)


State police pension benefits. Requires that the salary of a sixth year trooper, rather than the salary of a third year trooper, be used to compute the basic pension amount under the state police pre-1987 benefit system. Provides a cost of living adjustment (COLA) in each of the next two state fiscal years to retired or disabled members of the state police 1987 benefit system. Changes the manner in which the supplemental benefit for retired or disabled members of the state police pre-1987 benefit system is calculated. Provides that the state police pension advisory board (board) may meet at any time to compute the supplemental pension benefits for members of the state police pre-1987 benefit system. Requires the board to meet at least one time each year.
Current Status:
 Law Enacted
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