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BILL AS INTRODUCED 2007-2008

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H.262

SHORT FORM

Introduced by Representatives Donaghy of Poultney, Andrews of Rutland City, Barnard of Richmond, Canfield of Fair Haven, Clarkson of Woodstock, Courcelle of Rutland City, Evans of Essex, Flory of Pittsford, Grad of Moretown, Hube of Londonderry, Larocque of Barnet, Nease of Johnson, Oxholm of Vergennes, Shand of Weathersfield, Shaw of Derby, Trombley of Grand Isle, Valliere of Barre City and Wright of Burlington

Referred to Committee on

Date:

Subject:  Executive branch; state employees; municipal employees; law enforcement officers; retirement

Statement of purpose:  This bill proposes to create a comprehensive, uniform statewide retirement system for all law enforcement officers certified in Vermont, to create portability among retirement systems available to law enforcement officers, to allow officers currently enrolled in other retirement systems a one-time opportunity to transfer into the new system, and to require all new officers to join the new system.  The new system would contemplate retirement after either 20 or 25 years, at the officer’s discretion, and would


establish contribution rates for the officer, the employing municipality, and the state of Vermont in amounts which would ensure the long-range financial viability of the system.

AN ACT RELATING TO LAW ENFORCEMENT OFFICER RETIREMENT

It is hereby enacted by the General Assembly of the State of Vermont:

(TEXT OMITTED IN SHORT-FORM BILLS)



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us