BILL · 2003–04 SESSION

SB 5093: Retirement benefits

Allowing members of the teachers' retirement system, the school employees' retirement system, and the public employees' retirement system to begin receiving benefits without leaving service at age seventy and one-half.

Summary

  • Members of TRS, SERS, and PERS may begin to collect benefits at age 70½ without separating from service. Employees choosing to begin benefits in this way cease to earn new service credit or make contributions.

From the Senate Bill Report (SB 5093), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedJan 15, 2003
  2. Out of committeeFeb 4, 2003
  3. Passed SenateFeb 21, 2003
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Harriet Spanel (D-40)
Introduced
January 15, 2003 in the Senate
Last action
March 1, 2004
Requested by
Other
Companion bill
HB 1209
Budget
Has a fiscal note

AN ACT Relating to allowing members of the teachers' retirement system, the school employees' retirement system, and the public employees' retirement system to begin receiving benefits without leaving service at age seventy and one-half;

Sponsors

Votes

Senate · 3rd Reading & Final Passage

Passed February 21, 2003
Version voted on: SB 5093
45 Yea 1 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat21003
Republican24100
How each member voted

History

  1. Senate Rules "X" file.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, returned to Senate Rules Committee for third reading.
  6. First reading, referred to Appropriations.
  7. Third reading, passed; yeas, 45; nays, 1; absent, 0; excused, 3.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. WM - Majority; do pass.
  11. Passed to Rules Committee for second reading.
  12. First reading, referred to Ways & Means.

SB 5093 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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