Re-ref to Pensions and Retirement and Aging. If fav, re-ref to Rules and Operations of the Senate
Summary
The bill revises dozens of statutes that control retirement credit, benefit overpayments, fund administration, and investment policies under the Department of State Treasurer. It affects state employees, retirees, law‑enforcement pension participants, trustees, and the Investment Authority by updating definitions, compensation rules, and fund management procedures. The changes aim to modernize the legal framework and resolve inconsistencies across the retirement and fund systems.
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