Legislation
- Title
- Prudent Pension Management Act
- Sponsored by
- Delegates Schuh, Afzali, Aumann, Bates, Cluster, Eckardt, Elliott, Frank, George, Glass, Haddaway-Riccio, Hershey, Hogan, Hough, Jacobs, Kipke, Krebs, McComas, McDermott, W. Miller, Myers, Norman, O'Donnell, Otto, Parrott, Ready, Schulz, Serafini, Smigiel, Stifler, Stocksdale, and Szeliga
- Status
- In the House - Hearing 3/12 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Prohibiting the State or a county or municipality from issuing specified bonds or other evidences of obligation for the purpose of funding specified pension liabilities; prohibiting the Board of Trustees for the State Retirement and Pension System or the trustees or other officers in charge of specified local pension or retirement systems or funds from investing more than 10% of specified assets in specified alternative investments; etc.
Committees
- Original:
- Appropriations Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): July 1, 2013
History
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Documents
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Date Posted | Document Name |
---|---|
2/06/2013 | Text - First - Prudent Pension Management Act |
File Code
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Subjects
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Statutes
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(
21-123, 21-302 )
Last Updated: 2/3/2020 2:27 PM