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SB 550, 65th Regular Session
Relating to an increase in monthly benefits payable by the Teacher Retirement System to certain annuitants; creating a new benefit reserve account to hold funds for post-retirement benefit adjustments allowed after January 31, 1975; providing for the accrual of interest on benefit reserve account assets; authorizing an appropriation to fund the increase in monthly benefits; conditioning such increase on that appropriation.

Last action: Referred to subcommittee

Author: W.T. "Bill" Moore

Companion:

HB 979 (Identical)

Subjects:
Retirement Systems--Teachers

Senate Committee: State Affairs () Minutes: March 2 1977

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