Reduces the minimum number of years of credited service qualified Tier 2 Employees' Retirement System members must have to be eligible for vested benefit status for service retirement allowance purposes from ten years to five years. Increases employer contributions to offset the resulting liability.
- Chamber
- Senate
- Introduced
- Jan 21, 2025
- Last action
- Jan 21, 2025 — Pending Introduction.
- Session
- 2026
- Momentum
- 28 · Low