Rate
AI Summary: The bill aims to establish a deferred retirement plan specifically for law enforcement officers under the Public Employees' Retirement System (PERS). This plan allows these officers to defer a portion of their retirement benefits into a separate account, providing them with additional financial security in their post-retirement years. The key provision of the bill is the creation of this new retirement option tailored to the needs of law enforcement personnel. Its impact would be to offer these officers more flexibility and control over their retirement savings, potentially enhancing their overall financial well-being upon retiring from service.
Latest Action: Introduced
Contribute Your Insights: Add a Unique Perspective to Political Bills. Your Contribution will be Featured Below the Primary Bill, Ordered by Date Added.
Actions (2):
2024-04-16 : Introduced
2024-04-23 : Referred to committee: Pensions
Democrat Republican