A bill to establish an actuarially sound basis for financing retirement benefits for policemen, firemen, teachers, and judges of the District of Columbia and to make certain changes in such benefits.
District of Columbia Retirement Reform Act - Establishes three retirement funds encompassing: (1) District of Columbia firefighters and police officers; (2) District of Columbia teachers; and (3) District of Columbia judges.
Establishes the District of Columbia Retirement Board to manage the retirement funds created by this Act.
Details provisions relating to the administration of such funds and revises provisions relating to specified retirement and disability benefits under the retirement programs of such personnel.
Vetoed by President.
Introduced in Senate
Referred to Senate Committee on Governmental Affairs.
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