House Bill No. by Representatives Wiley and Brass amends the Back-Deferred Retirement Option Plan (Back-DROP) for members of the Sheriffs' Pension and Relief Fund (SPRF). The bill modifies the existing provisions regarding the duration of the Back-DROP period based on the member's years of service. Specifically, it retains the current maximum of 36 months for members with less than 30 years of service and allows members with 30 years of service to select a Back-DROP period of up to 48 months.

The key changes introduced by the bill include allowing members with 35 or more years of service to select a Back-DROP period of up to 60 months. Additionally, the bill clarifies that the Back-DROP period must correspond to the member's accrued creditable service. The effective date of the bill is contingent upon the governor's signature or the expiration of the time for bills to become law without signature.

Statutes affected:
HB33 Original: 11:1(B)