2001 House Bill 5490

Introduced in the House

Dec. 11, 2001

Introduced by Rep. Patricia Godchaux (R-40)

To remove certain limitations and expand provisions which allow a school employee to purchase additional pension benefit credits for time spent on maternity or paternity leave, and, by using a formula which bases the cost calculation on the age of the person when first employed by a public school rather than their current age, allow the purchase at a price below the actual cost.

Referred to the Committee on Senior Health, Security, and Retirement