SB 7028: Retirement
GENERAL BILL by Governmental Oversight and Accountability ; (CO-INTRODUCERS) Arrington
Retirement; Authorizing an elected officer, except while serving as a legislator, to remain in elective office and receive accumulated Deferred Retirement Option Program (DROP) proceeds after the officer attains a certain age; requiring the Division of Retirement or the State Board of Administration, as appropriate, to take steps to recoup from the elected officer any DROP proceeds distributed in accordance with a specified provision, under specified circumstances; revising the cost-of-living adjustment for eligible Special Risk Class retirees, etc.
Senate Committee References:
- Appropriations (AP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/15/2026 | Senate |
• Submitted for consideration by Governmental Oversight and Accountability • On Committee agenda-- Governmental Oversight and Accountability, 01/20/26, 3:30 pm, 110 Senate Building |
| 1/20/2026 | Senate |
• Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 9 NAYS 0 |
| 1/21/2026 | Senate |
• Filed • Referred to Appropriations |
| 1/22/2026 | Senate |
• Introduced |