Senate Bill 854
2023-2024
Pennycuick
1010
ALLMUN
CITYF
CITYP
Post Retirement Adjustments
Public Safety Employee Benefit
Mandates that municipal retirement systems administer an additional benefit (cost of living adjustment) to individuals who served as municipal uniformed police officers and firefighters, and provides the methodology to calculate that additional benefit and limitations on the additional benefits. Provides methodology for the Auditor General to provide reimbursement to the municipality impacted.
Oct 26, 2023 - SB 854 PN 1010 Actuarial Note (Addendum 2/27/2024)
PN 1010 | Referred to LAW AND JUSTICE, July 6, 2023 |
Reported as committed, Oct. 17, 2023 | |
Re-referred to APPROPRIATIONS, Oct. 23, 2023 |