Introduced
by
To revise the calculation of the pension benefit “multiplier” formula for certain corrections employees who were required to transfer from "covered" positions, so that these employees may participate in the one-time early retirement incentive proposed by House Bill 5768 for certain state employees who retire between January 1, 2005, and February 1, 2005. “Covered” positions require the supervision or custody of prisoners, and provide some additional pension advantages.
Referred to the Committee on Senior Health, Security, and Retirement
