SB 0531 Increases retirement compensation to judges retired prior to August 28, 1995
Sponsor:Schneider
LR Number:S2312.01I Fiscal Note:2312-01
Committee:Elections, Pensions and Veterans' Affairs
Last Action:01/21/98 - Hearing Conducted S Elections, Pensions & Veterans' Journal page:
Affairs Committee
Title:
Effective Date:August 28, 1998
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Current Bill Summary

SB 531 - This act increases the amount of retirement compensation received by judges who retired prior to August 28, 1995. The increase is equal to the total of all annual cost of living increases for the number of years the judge has been retired up to August 28, 1997, not to exceed sixty-five percent. Current law allows for this type of increase for the interim between a judge's eligibility to retire and actual retirement if retirement occurs after August 28, 1997.
MARGARET TOALSON