LD 1400 LR 1149(03)
An Act To Improve Recruitment and Retention in State Law Enforcement by Offering Retirement Service Credit
Fiscal Note for Bill as Engrossed with:
C "A" (H-495)
Committee: Labor and Housing
Fiscal Note
No state fiscal impact - Cost borne by member
Fiscal Detail and Notes
Allowing a member of the State Employee and Teacher Retirement Program or the Participating Local District Retirement Program to purchase up to 4 years of service credit for time served as a full-time law enforcement officer prior to membership at the full actuarial cost if the member meets certain conditions will not increase costs to the State or participating local districts.  The cost will be borne fully by the member.