SB 116 - Griesheimer, John
Alters the benefits afforded retired teachers who are 70 years old and older
Bill Details
Sponsor
LR Number
0528S.01I
Title
SB 116
House Handler
N/A
Journal Page
Effective Date
August 28, 2007
Current Status
Second Read and Referred S Pensions, Veterans' Affairs and General Laws Committee
Quick Links
Amendments
No amendments available
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