A Resolution directing the Legislative Budget and Finance Committee to conduct a cost analysis study of an early retirement proposal for members of the State Employees' Retirement System and the Public School Employees' Retirement System.

This bill amends a resolution to update the year for a cost analysis study from 2005 to 2006 and extends the timeline for the study from 180 days to one year. The study is intended to examine the financial impact of an early retirement proposal for members of the State Employees' Retirement System and the Public School Employees' Retirement System. By making these specific adjustments, the bill directs the Legislative Budget and Finance Committee to conduct the review within a longer timeframe using the updated year.