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SPB 7094: Retirement


Retirement; Requires employee and employer contributions to the retirement system by a certain date. Redefines the terms "system," "prior service," "compensation," "average final compensation," "normal retirement date," "termination," "benefit," and "payee." Defines the term "division." Provides that special risk employee contributions be used, if applicable, when purchasing credit for past service, etc.

Effective Date: 6/30/2011
Last Action: 4/1/2011 Senate - Submit as committee bill by Budget (SB 2100)
Bill Text: Web Page | PDF

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