State employee retirement-purchase option.

05LSO-0014.L1

                                                         

FISCAL NOTE

 

No significant fiscal or personnel impact to the state.

 

Retirees electing to purchase additional service credit shall pay a single lump sum amount equal to the actuarial equivalent of the additional benefits to be derived.

 

 

 

 

 

 

 

 

 

 

 

Prepared by:   Dean Temte, LSO    Phone:   777-7881

(Information provided by Tom Mann, WRS; phone 777-6115)