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AR HB1203
Bill
Status
4/10/2023
Primary Sponsor
Les Warren
Click for details
AI Summary
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Allows mayors of first-class cities to count prior or subsequent service as elected officials or city employees toward retirement benefits at a rate of 1 year of retirement credit for each 2 years of service, with a maximum of 2 additional years' credit
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Permits cities via ordinance to authorize up to 3 additional years' credit if the mayor has at least 20 years of mayor's credit and is age 52 or older
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Permits cities via ordinance to authorize up to 4 additional years' credit if the mayor has at least 20 years of mayor's credit and is age 54 or older
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Prohibits counting service that is covered under another city retirement plan or benefit program toward the mayor's retirement benefits
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Prevents a mayor receiving retirement benefits under this section from receiving retirement benefits for the same service period from any other state-authorized plan
Legislative Description
To Clarify That A Mayor Of A City Of The First Class Is Entitled To Count Previous Or Subsequent Years Of Service In Employment With The Same City Toward The Mayor's Retirement.
Last Action
Notification that HB1203 is now Act 496
4/10/2023