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IN HB1262

Bill

Official Source

Status

Introduced

1/11/2016

Primary Sponsor

Clyde Kersey

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Increases surviving spouse benefits under the 1977 police officers' and firefighters' pension and disability fund from 60% to 75% of the deceased member's monthly benefit for members who die after June 30, 2016
  • Applies only to deaths occurring other than in the line of duty
  • Surviving spouses receive the increased benefit amount during their lifetime
  • Maintains the 60% benefit rate for surviving spouses of members who died before July 1, 2016
  • Effective date: July 1, 2016

Legislative Description

1977 pension fund surviving spouse benefit. Increases from 60% to 75% of the member's monthly benefit the monthly benefit of a surviving spouse of an individual who: (1) is a member of the 1977 police officers' and firefighters' pension and disability fund (1977 fund); and (2) dies other than in the line of duty after June 30, 2016.

Last Action

First reading: referred to Committee on Employment, Labor and Pensions

1/11/2016

Committee Referrals

Employment, Labor and Pensions1/11/2016

Full Bill Text

No bill text available