SB 538: FRS/Avg. Final Compensation/Vesting
GENERAL BILL by Lawson
FRS/Avg. Final Compensation/Vesting; redefines term "average final compensation" to be average of 3 highest fiscal years of compensation & term "normal retirement date" to mean attainment of 5 years of creditable service; provides for funding of revision of system by this act; revises contribution rates; provides finding of important state interest. Amends 121.021.
Effective Date: 07/01/2001
Last Action: 5/4/2001 Senate - Died in Committee on Governmental Oversight and Productivity
Bill Text: Web Page | PDF
Last Action: 5/4/2001 Senate - Died in Committee on Governmental Oversight and Productivity
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/7/2001 | Senate |
• Prefiled |
| 2/14/2001 | Senate |
• Referred to Governmental Oversight and Productivity; Education; Comprehensive Planning, Local and Military Affairs; Appropriations Subcommittee on General Government; Appropriations |
| 3/6/2001 | Senate |
• Introduced, referred to Governmental Oversight and Productivity; Education; Comprehensive Planning, Local and Military Affairs; Appropriations Subcommittee on General Government; Appropriations -SJ 00040 |
| 5/4/2001 | Senate |
• Died in Committee on Governmental Oversight and Productivity |