Authorizing certain municipalities to become members of Municipal Police Officers and Firefighters Retirement System

Summary

The bill lets municipalities or their subdivisions that employ paid police and fire departments switch from the Emergency Medical Services (EMS) Retirement System to the Municipal Police Officers and Firefighters Retirement System (MPFRS). Only officers and firefighters hired on or after July 1, 2015 can choose to transfer, and the municipality must decide by July 1, 2027. The change moves their retirement assets and service credit to the MPFRS and ends their liability to the EMS system.

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