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Committee approves bill allowing retirement credits for disability periods for members subject to mandatory retirement
Summary
Senate Bill 2017, amended to allow members subject to mandatory retirement to receive retirement credits for periods of disability at no cost to the member (if political subdivisions adopt corresponding provisions), passed the committee and was forwarded to the calendar.
Senate Bill 2017, presented by Senator Reeves with an amendment, would allow members subject to mandatory retirement (including groups such as the highway patrol, TBI, TWRA and Alcoholic Beverage Commission personnel) to receive retirement credits for disability periods at no cost to the member if the adopting political subdivision elects the corresponding plan provision.
Senator Reeves described the bill as originally brought by the treasurer's office and said it received a positive recommendation from the council on pensions. The committee adopted the amendment on the floor and then voted to pass the bill; the clerk recorded nine ayes. There were no recorded objections during committee consideration. The bill will move to the calendar.
