Staff Analysis of the Legislation
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05.18.2016 The House Ways and Means Committee gave this bill a favorable report.
05.05.2016 The House Ways and Means General Government, Personnel and Benefits subcommittee gave this bill a favorable report.
03.10.2015 The Senate Finance Committee gave this bill a favorable report.
03.03.2015 The Senate Finance Retirement and Employee Benefits subcommittee gave this bill a favorable report with an amendment. The amendment confirms the terminated employee who is a member of either SCRS or PORS has five days to purchase up to one year of service credit to make them eligible to retire.
Summary of the bill as introduced: Allows any public employee who is terminated within one year of full retirement to purchase the remaining time within five days of termination. |
