CORP; normal retirement;
twenty years
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Committee on Retirement and Government Operations |
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Committee on Appropriations |
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Caucus and COW |
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As Passed the House |
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HB 2328 changes the normal retirement qualification for the Corrections Officers Retirement Plan (CORP) from 25 to 20 years of service.
Current law allows authorized public agencies to enter into IGAs for contracting services or jointly exercising common powers. Each IGA must specify the duration and purpose of the contract or agreement, the manner of financing the joint undertaking and budget information and the permissible methods used for terminating the contract or agreement. HB 2157 requires an additional provision be included in the contract or agreement when applicable. The provision stipulates that any separate entity or organization that is designated to provide services to, administer, execute or be funded by the agreement for the parties must be recorded in the document.