1206 AMH THOB CHAN

 


HB 1206 ‑ H AMDS 337 WITHDRAWN 3/13/95

By Representative B. Thomas

     On page 18, line 6, strike "sixty-two" and insert "fifty-five"

 

On page 33, line 2, strike "sixty-two" and insert "fifty-five"

 


 

 

 

 

EFFECT:  Eligibility for Plan 3 early retirement is lowered from age 62 to age 55.  Members choosing early retirement shall receive an actuarially reduced retirement allowance to reflect the difference in the number of years between the age of retirement and age 65.