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FISCAL NOTE
Senate Bill 92
Committee: Ways and Means General Fund Sponsor: Senator Josh Carnley
Analyst: Riley Aaron Date: 04/14/2023
Senate Bill 92 as passed the Senate would allow local units of government participating in the
Employee Retirement System (ERS) to elect to issue a longevity bonus to their retirees, under
the provisions of Act 2022-229, by extending the provisions of that act for those employers from
August 31, 2022, under current law, to October 1, 2023. The provisions of this act would
increase the obligations of any local entity making such election by an undetermined amount
dependent on the cost of the bonuses issues, which must be borne by the local government, as
provided by this bill.