SB 0627 Modifies the retirement annuity of certain Public School Retirement System members
LR Number:2747S.01I Fiscal Note:2747-01
Committee:Pensions and General Laws
Last Action:01/06/00 - Referred S Pensions & General Laws Committee Journal page:S64
Effective Date:August 28, 2000
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Current Bill Summary

SB 627 - This act allows a member of the Public School Retirement System who retired prior to August 28, 1995, and who chose a reduced retirement allowance for a beneficiary who has since deceased, to receive a retirement annuity, beginning September 1, 2000, equivalent to the amount the member would have received had the member not chosen the reduced survivor option.

This act is substantially identical to HB 83 (1999).