To increase the Deputy Sheriff retirement multiplier from 2.75 to 3.0
To House Finance
Summary
The bill changes the formula used to calculate a deputy sheriff’s retirement benefit, increasing the percentage applied to their final average salary from two‑and‑a‑half percent to three percent. It applies to all deputy sheriffs covered by the state retirement system and would boost their accrued pension amounts. Supporters say the higher multiplier better rewards long‑service law‑enforcement officers.
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