Bill

Bill > SB902


OR SB902

OR SB902
Relating to age qualifications for retirement under the Public Employees Retirement System.


summary

Introduced
01/21/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead
06/27/2025

Introduced Session

Potential new amendment
2025 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act tells PERB to look at the age of retirement and make a report. (Flesch Read- ability Score: 84.4). Requires the Public Employees Retirement Board to study age qualifications for retirement. Di- rects the board to submit findings to the interim committees of the Legislative Assembly related to general government not later than September 15, 2026. Sunsets on January 2, 2027.

AI Summary

This bill directs the Public Employees Retirement Board (PERB) to conduct a comprehensive study on age qualifications for retirement under the Public Employees Retirement System (PERS). Specifically, the board is required to research and analyze the current retirement age requirements and prepare a detailed report with potential legislative recommendations. The report must be submitted to the interim legislative committees responsible for general government matters by September 15, 2026. The bill includes a sunset provision, meaning the study requirement will automatically expire on January 2, 2027, effectively making this a time-limited directive. The purpose appears to be gathering information and insights that could potentially inform future policy changes related to public employee retirement ages, allowing lawmakers to make more informed decisions about retirement system regulations.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

In committee upon adjournment. (on 06/27/2025)

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