SB 0627 | Modifies the retirement annuity of certain Public School Retirement System members |
Sponsor: | Maxwell | |||
LR Number: | 2747S.01I | Fiscal Note: | 2747-01 | |
Committee: | Pensions and General Laws | |||
Last Action: | 01/06/00 - Referred S Pensions & General Laws Committee | Journal page: | S64 | |
Title: | ||||
Effective Date: | August 28, 2000 | |||
SB 627 - This act allows a member of the Public School Retirement System who retired prior to August 28, 1995, and who chose a reduced retirement allowance for a beneficiary who has since deceased, to receive a retirement annuity, beginning September 1, 2000, equivalent to the amount the member would have received had the member not chosen the reduced survivor option.
This act is substantially identical to HB 83 (1999).
TOM MORTON