Includes the deputy chief of inspection and inspector within the provision of law related to retirement on service allowance relating to correctional officers.
Includes the deputy chief of inspection and inspector within the provision of law related to retirement on service allowance relating to correctional officers.
Amends sections of law relating to retirement of various public employees and the calculation of their final average salary and service accruals.
Adds the administrator of community confinement and the home confinement coordinator to the state retirement system.
Adds the administrator of community confinement and the home confinement coordinator to the state retirement system.
Provides all retired teachers and all retired state employees a one-time stipend in the amount of three percent (3%) of the lesser of either the member's retirement allowance or forty thousand dollars ($40,000) of the member's retirement allowance.
Provides all retired teachers and all retired state employees a one-time stipend in the amount of three percent (3%) of the lesser of either the member's retirement allowance or forty thousand dollars ($40,000) of the member's retirement allowance.
Amends definition for final compensation, relative to police officers and firefighters, provides them life annuity regardless of age or years of service, upon retirement and further provides additional benefits upon retirement.
Provides an option for members to receive retirement allowances, without reduction, upon reaching twenty-five (25) years of total service or after twenty (20) years of service upon reaching age fifty-seven (57).
Provides an option for members to receive retirement allowances, without reduction, upon reaching twenty-five (25) years of total service or after twenty (20) years of service upon reaching age fifty-seven (57).