Enrolled Bill Summary

            Senate Bill 429 amends provisions relating to credit in and administration of retirement systems for police officers in municipalities with a population of more than 460,000 but less than 500,000. The act removes two civilian positions and adds one elected police officer position and one elected retired police officer position on the system's board. The act prohibits a member from receiving service credit in the local retirement system for military service for which the member is receiving or is eligible to receive federal retirement payments or for which the member has received credit in any other public retirement system under the laws of this state. Finally, the act provides that eligibility for the retroactive deferred retirement option plan is based on 25 years of creditable service, excluding any military service established as credited service in the retirement system.