Allows for a one-time two percent (2%) supplemental cost of living adjustment for plan year 2025 to the public pension benefits administered by the ERSRI, and allows for those benefits to be deducted from the taxpayer's adjusted gross income.
Allows for a one-time two percent (2%) supplemental cost of living adjustment for plan year 2025 to the public pension benefits administered by the ERSRI, and allows for those benefits to be deducted from the taxpayer's adjusted gross income.
Relating To Towns And Cities-optional Retirement For Members Of Police Force And Firefighters
Allows for the surviving spouse of a National Guard member to have the spouses National Guard plates transferred to them upon their spouses death.
Allows for the surviving spouse of a National Guard member to have the spouses National Guard plates transferred to them upon their spouses death.
Optional Retirement For Members Of Police Force And Firefighters
Requires that present and former employees, active and retired members, and beneficiaries receiving any retirement, disability or death allowance receive a $2,000 increase per year.
Requires that present and former employees, active and retired members, and beneficiaries receiving any retirement, disability or death allowance receive a $2,000 increase per year.
Amends sections of law relating to retirement of various public employees and the calculation of their final average salary and service accruals.
Allows teachers, state and municipal employees to retire upon the earlier of reaching age sixty (60) with thirty (30) years of service or the employee's retirement eligibility date under present state statutes.