[1] NOTE:  As provided in LFC policy, this report is intended only for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.

 

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F I S C A L   I M P A C T   R E P O R T

 

 

 

SPONSOR:

Rainaldi

 

DATE TYPED:

02/06/02

HB

 

 

SHORT TITLE:

Volunteer Firefighters Retirement

 

SJM

47

 

 

ANALYST:

Neel

 

 

REVENUE

 

Estimated Revenue

Subsequent

Years Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

 

 

 

 

NFI

NFI

NFI

NFI

 

(Parenthesis ( ) Indicate Revenue Decreases)

 

SOURCES OF INFORMATION

 

LFC Files

 

SUMMARY

 

     Synopsis of Bill

 

Senate Joint Memorial 47 requests the Public Employees Retirement Association (PERA) to study the feasibility of allowing a volunteer, non-salaried firefighter, who is eligible for a retirement annuity from the volunteer firefighters retirement fund to collect such an annuity that they may be entitled to receive. 

 

FISCAL IMPLICATIONS

 

No fiscal impact associated with the feasibility study.

 

SN/ar


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