Law Enforcement Officers' Pension System - Benefits
Sponsor: Delegate JacksonCommittee: Rules and Executive NominationsSubject: State Pensions and RetirementStatus: First Reading House Rules and Executive Nominations (as of Sep 19, 2019)
What this bill does
Official synopsis
Altering the accrual rate to 2.5% for service earned on or after July 1, 2019, for calculating the retirement allowance for certain retirees of the Law Enforcement Officers' Pension System; and altering from 65% to 70% the maximum benefit that certain retirees of the Law Enforcement Officers' Pension System may receive.
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Testimony (0)
MGA witness listNo witness list on file because no hearing has been scheduled.
