SB 116 Alters the benefits afforded retired teachers who are 70 years old and older
Sponsor: Griesheimer
LR Number: 0528S.01I Fiscal Note:
Committee: Pensions, Veterans' Affairs and General Laws
Last Action: 1/17/2007 - Second Read and Referred S Pensions, Veterans' Affairs and General Laws Committee Journal Page: S113
Title: Calendar Position:
Effective Date: August 28, 2007

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Current Bill Summary


SB 116 - This act alters the benefits afforded retired teachers who are 70 years old and older by: increasing their retirement allowance calculation by $10 per year of creditable service; and increasing from 80% to 90% their Cost of Living Adjustment (COLA) cap.

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