2010 Regular Session

SENATE BILL 1061

File Code: State Pensions and Retirement Crossfiled with: HOUSE BILL 1379
Sponsored By:
Senator Madaleno
Entitled:
State Retirement and Pension System - Funding

Synopsis:

Altering the determination of the State's contribution for the several systems of the State Retirement and Pension System; increasing the number of years unfunded liabilities of the State Retirement and Pension System shall be amortized from 25 years to 30 years; requiring the State's actuary to calculate a specified alternative contribution rate for the Employees' Retirement and Pension Systems and the Teachers' Retirement and Pension Systems; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
3/1
First Reading Senate Rules
3/5
Re-referred Budget and Taxation
Hearing 3/18 at 8:00 a.m.
House Action
No Action

Bill indexed under the following Subjects:

Public Employees -see also- State Employees
Retirement Systems -see also- Mandatory Retirement
State Employees
Sunset
Teachers

Bill affects the following Statutes:

State Personnel and Pensions
( 21-304 , 21-305.2 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered