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Senate advances bill allowing employees to purchase up to five years of retirement service credit
Utah State Senate · January 25, 1994
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Summary
Senate Bill 23, reported favorably by the retirement committee, would permit employees (and in limited circumstances employers) to purchase up to five years of service credit and open a window for groups to move to the noncontributory retirement system; sponsors said a corrected fiscal note will show no new budget impact.
Senate Bill 23, a retirement measure that would allow employees (and in limited cases employers) to purchase up to five years of service credit and enable some groups to switch to the noncontributory retirement…
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