Senate Bill 25
Introduced Senate Bill (S)
DIGEST
Termination of local defined benefit plans. Requires the termination of a defined benefit plan sponsored by a political subdivision if the full actuarially determined contribution to the plan is not made for three consecutive years.
Termination of local defined benefit plans. Requires the termination of a defined benefit plan sponsored by a political subdivision if the full actuarially determined contribution to the plan is not made for three consecutive years.
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