Authorizing municipalities to elect to participate in Municipal Police Officers and Firefighters Retirement System
To Pensions
Summary
The legislation permits any municipality or municipal subdivision that currently has no retirement plan for its police or fire personnel to elect to become a participating employer in the Municipal Police Officers and Firefighters Retirement System. It applies to new hires after the election and gives existing officers and firefighters hired before Jan. 1, 2027 a chance to opt in, with a deadline to decline. The goal is to expand retirement coverage for local public safety employees.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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