Amends the retirement allowance for a member who first earns credited service as a judge after 6/30/2031 to 1.75 per cent of the judge's average final compensation for each year of credited service as a judge. Requires the Department of Human Resources Development to study the impacts and benefits of reducing, from 10 years to 5 years, the minimum number of years of credited service that qualified Class H, Tier 2 members of the Employees' Retirement System must have to be eligible for vested benefit status for service retirement allowance purposes. (CD1)

Statutes affected:
SB935 SD1 PROPOSED: 88-74, 88-62, 88-73, 88-96, 88-122, 88-331, 88-338, 88-341
SB935 SD1: 88-74, 88-62, 88-73, 88-96, 88-122, 88-331, 88-338, 88-341
SB935 SD2: 88-74, 88-62, 88-73, 88-96, 88-122, 88-331, 88-338, 88-341
SB935 HD1: 88-74, 88-62, 88-73, 88-96, 88-122, 88-331, 88-338, 88-341
SB935 HD2: 88-74, 88-62, 88-73, 88-96, 88-122, 88-331, 88-338, 88-341
SB935 CD1: 88-47, 88-74
SB935 HD3: 88-47, 88-74, 88-62, 88-73, 88-96, 88-122, 88-331, 88-338, 88-341