2002 Regular Session

SENATE BILL 868

CHAPTER NUMBER: 341 File Code: State Pensions and Retirement Crossfiled with: HOUSE BILL 1287
Sponsored By:
Senator Hafer
Entitled:
Employees' Pension System - Participating Governmental Units - Contributory Pension Benefit

Synopsis:

Allowing the employees of participating governmental units who are members of the Employees' Pension System to become subject to a contributory pension benefit that alters the benefits those members receive and requires specified member contributions; requiring specified participating governmental units to pay for additional pension liabilities according to any increases in the normal cost percentage plus an amortization schedule approved by the Board of Trustees for the State Retirement and Pension System; etc.

History by Legislative Date

Senate Action
2/21
First Reading Senate Rules
3/4
Re-referred Budget and Taxation
3/12
Hearing 3/21 at 8:00 a.m.
3/28
Favorable Report by Budget and Taxation
Favorable Report Adopted
Second Reading Passed
3/29
Third Reading Passed (46-0)
4/5
Returned Passed
5/6
Signed by the Governor Chapter 341
House Action
3/29
First Reading Appropriations
4/1
Hearing 4/3 at 1:00 p.m.
4/5
Favorable Report by Appropriations
4/3
Favorable Report Adopted
Second Reading Passed
4/4
Third Reading Passed (133-0)
Bill indexed under the following Subjects:
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
STATE EMPLOYEES
Bill affects the following Statutes:
State Personnel and Pensions
( 21-307 , 23-307.1 , 31-116 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Vote (Legislative date is shown):
House
April 4, 2002: Third Reading Passed (133-0)