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Saturday, November 21, 2009
Home » Bills » Selected Bill Detail
 
HB 49 - Retirement
GENERAL BILL   by Hooper (CO-SPONSORS) Brandenburg
Retirement: Authorizes certain employees to purchase retirement credit for past service at 3-percent Special Risk Class accrual value; provides requirements for calculating first 2 percent of member's average monthly compensation for purposes of purchasing past service credit; provides requirements for purchasing past service credit in excess of 2 percent but not to exceed 3 percent of member's average monthly compensation; provides requirements for calculating contribution amount; requires contribution for past service credit to be paid immediately upon notification by Division of Retirement; provides that past service credit may be purchased by member or by employer on behalf of member; provides declaration of important state interest.
Effective Date: July 1, 2010
Last Event: Now in Governmental Affairs Policy Committee on Thursday, October 01, 2009 11:25 AM
Referred Committees and Committee Actions:
-  Governmental Affairs Policy Committee
-  Military & Local Affairs Policy Committee
-  Government Operations Appropriations Committee
-  Economic Development & Community Affairs Policy Council
Related Bills:
Bill #SubjectRelationship
SB 198Retirement/Special Risk ClassIdentical
Bill Text:
Staff Analysis:
(None Available)
Vote History:
(no votes recorded)
Bill History:
EventTimeMemberCommittee
Now in Governmental Affairs Policy Committee Thursday, October 01, 2009 11:25 AM  Governmental Affairs Policy Committee
Referred to Economic Development & Community Affairs Policy Council Thursday, October 01, 2009 11:25 AM  Economic Development & Community Affairs Policy Council
Referred to Government Operations Appropriations Committee Thursday, October 01, 2009 11:25 AM  Government Operations Appropriations Committee
Referred to Military & Local Affairs Policy Committee Thursday, October 01, 2009 11:25 AM  Military & Local Affairs Policy Committee
Referred to Governmental Affairs Policy Committee Thursday, October 01, 2009 11:25 AM  Governmental Affairs Policy Committee
Filed Monday, August 03, 2009 1:58 PM Hooper 
Statutes Referenced by this Bill
121.0515
 

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