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Mr. President:
The Retirement Committee recommends S.B. 106, RETIREMENT BENEFIT ENHANCEMENT, by Senator H. Nielson, be replaced and favorably recommends 1st Sub. S.B. 106, RETIREMENT BENEFIT ENHANCEMENT with the following amendments:
1. Page 1, Line 22: After "service" insert "rendered prior to July 1, 1967"
2. Page 1, Line 23: Delete "factor" and insert "formula based upon actuarial assumptions and principles that results in a benefit"
Respectfully,
Michael G. Waddoups
Committee Chair
Voting: 3-0-1
7 SB0106.SC1 mandrus/SES DSL/BNC 2/23/00 1:32 PM
Bill Number
Action Code
*SB0106S1*
*SCRSUBAMD*
SB0106S1
SCRSUBAMD