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HB 0540 -	Board of education; pension board recompute pension to teachers and employees who retired prior to April 1, 1955 and who had been awarded a pension for 20 years service in counties of 500,000 population

Tracking Level:

Monitor

Sponsor:

Sims, Chuck 169th

Last Action:

3/13/2014 - Senate Committee Favorably Reported

House Committee:

IGC

Senate Committee:

SLGO

Assigned To:

Retirement

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Staff Analysis of the Legislation

This bill would repeal a law that LBOE's of counties with 500,000 population or more have to re-compute the pension paid to teachers and employees retired with 20 years of service prior to April 1, 1955.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text