Loading chat...
OK SB1116
Bill
Status
Introduced
2/4/2013
Primary Sponsor
Patrick Anderson
Click for details
AI Summary
SB 1116 Summary
-
Creates the "Teachers' Retirement System Cost-of-Living Adjustment Revolving Fund" as a continuing fund in the State Treasury.
-
Fund receives revenues designated by law and may be used only through legislative appropriation to pay for cost-of-living adjustments for Teachers' Retirement System retirees and beneficiaries.
-
Takes effect July 1, 2013, with an emergency clause for immediate enactment.
Legislative Description
Public retirement systems; creating the Teachers' Retirement System Cost-of-Living Adjustment Revolving Fund. Effective date. Emergency.
Retirement
Last Action
Second Reading referred to Pensions
2/5/2013
Committee Referrals
Pensions2/5/2013
Full Bill Text
No bill text available