Modifying the retirement annuity statues to authorize an unreduced normal retirement annuity when age and service equal at least 90
Unreduced retirement annuity provided upon reaching age 62 with 30 years of service, and employee contribution rate increased for Teacher Retirement Association.
Unreduced retirement annuity provision upon reaching age 62 with 30 years of service
Teachers retirement association early retirement reduction factors for annuity commencement before normal retirement age modification; employer contributions modifications; pension adjustment revenue for school districts increase
Teachers Retirement Association; early retirement reduction factors for annuity commencement before normal retirement age modified, and pension adjustment revenue increased for school districts.
Teachers Retirement Association; age lowered from 62 to 60 for the enhanced early retirement reduction, and postretirement adjustment delay clarified.
Teachers Retirement Association enhanced early retirement deduction age lowered from 62 to 60 provision and postretirement adjustment delay clarification provision
Teachers Retirement Association; pension adjustment revenue increased for school districts, employer contributions increased, unreduced retirement annuity provided upon reaching age 62 with 30 years of service, and money appropriated.