2004 Senate Bill 939

Introduced in the Senate

Feb. 3, 2004

Introduced by Sen. Gilda Jacobs (D-14)

To extend to certain employees of the 36th district court and the third circuit court an early-retirement incentive which would increase the multiplier used to calculate their retirement benefits from 1.5 percent to 1.75 percent, which would mean a 16.7 percent increase in the cash portion of their pension benefits.

Referred to the Committee on Local, Urban, and State Affairs