Enrolled Bill Summary

Senate Bill 192 decreases the age and service requirements for early retirement and increases the benefits for members of the firefighters relief fund for cities with populations between 450,000 and 500,000. It disqualifies early retirees from receiving cost-of-living adjustments until they reach full retirement, permits certain spouses married to retirees after retirement to receive survivor spouse benefits, and allows remarried surviving spouses to retain benefits and to reapply for benefits that were cut as a result of remarriage. The act extends the deferred retirement option plan to five years and allows early retiree participation in the plan. The act also alters the permitted investments for the fund.