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.
- Chamber
- Senate
- Introduced
- Jan 15, 2026
- Last action
- Jan 20, 2026 — Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 9 NAYS 0
- Session
- 2026
- Momentum
- 15 · Stalled