Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 3988 makes further changes to DROP plans for police officers and firefighters, granting participants the right to elect a full lump-sum withdrawal of their account balance upon retirement. The bill also adjusts interest accrual rates on DROP funds and revises beneficiary rules in cases of divorce.
Author (1)
Yvonne Davis
Contact the Author
Rep. Yvonne Davis
Capitol Phone:
(512) 463-0598
Capitol Office:
CAP 4N.9
E-Mail:
