Bill No.: HB0015                  Drafter:  JWL

 

LSO No.:  07LSO-0194              Effective Date:  2/16/2007

 

Enrolled Act No.:  HEA0033

 

Chapter No.:       65

 

Prime Sponsor:     Joint Transportation, Highways and Military Affairs Interim Committee

 

Catch Title:       State employees retirement-military credit.

 

Subject:  Retirement contributions for state employees while on military duty.

 

Summary/Major Elements: 

 

·         Current law allows up to two years of credit in the state retirement system for a state employee who is called to active military service.  This act appropriates $125,000 to the state retirement board for the balance of the biennium to fund retirement system contributions on behalf of those employees.