Act 086, SB1089 SD1 HD1, 06/05/2015

Posted on Jun 10, 2015 in 2015 Acts

RELATING TO THE EMPLOYEES’ RETIREMENT SYSTEM

Requires an employee receiving workers’ compensation benefits to have retirement contributions deducted from those benefits. Establishes prospectively applicable, 1-year deadlines for claims for service credits and for commencement of payments. Provides for payment for acquisition based on actuarial cost. (SB1089 HD1)