RELATING TO DEFERRED RETIREMENT FOR POLICE.

SB 273 establishes a new deferred retirement program specifically for police officers, allowing them to delay full retirement while maintaining certain benefits. The bill creates a formal process enabling eligible officers to postpone retirement dates without losing accrued retirement entitlements. This directly affects active and eligible police officers seeking flexibility in their career timelines. The program is procedural in nature, focusing on administrative structure rather than substantive policy changes. (Note: Bill is currently pending introduction as of 2025-01-14.)