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HB 0728 -	Board of education; pension board recompute pension to teachers and employees who retired prior to April 1, 1955 and who had been awarded a pension for 20 years service in counties of 500,000 population

Tracking Level:

Watch

Sponsor:

Sims, Chuck 169th

Last Action:

1/15/2014 - House Second Readers

House Committee:

Assigned To:

Other	Next Bill
Personnel	Next Bill
Retirement	Next Bill

Staff Analysis of the Legislation

SUMMARY: Repeals current law requiring pension boards of local boards in counties of populations of 500,000 or more to recompute the pensions paid to employees who had retired prior to April 1, 1955 and who had been awarded a basic pension for 20 years of service.

EFFECTIVE DATE: Upon approval by the General Assembly and signature by the Governor.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text