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

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.

JIM ERTLE

Amendments