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Committee refers reinstatement of ‘half pay’ for state law enforcement pensions to actuary
Summary
House Bill 1739, which would reinstate a previously removed 'half pay' provision for certain state law enforcement retirement members as a retention and recruitment tool, was referred to the actuary for evaluation after the committee voted to forward the measure.
The House Banking, Financial Services and Pensions Committee voted to refer House Bill 1739 to the state actuary for an actuarial assessment. Representative Chapman presented the bill, which would reinstate a "half pay" provision for members of the state law enforcement retirement system, a provision removed in 2012.
Chapman told the…
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