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2017 Regular Session



Teachers' Retirement and Pension Systems - County Boards of Education Payments

Sponsored by:

Senator Guzzone


In the House - Third Reading Passed with Amendments (136-2)

Synopsis:Providing that, for fiscal year 2017, county boards of education shall be relieved of a specified portion of a contribution for specified local employees of the Teachers' Retirement and Pension Systems; providing for a specified allocation of payment relief; requiring the Governor to provide a specified amount in either fiscal year 2018 or 2019 to be paid into specified accumulation funds of the State Retirement and Pension System if a specified condition is not met; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Guzzone, DeGrange, Kasemeyer, King, Madaleno, McFadden, Miller, and Peters
Additional Facts:Cross-filed with: HB1109
Bill File Type: Regular
Effective Date(s): June 1, 2017
Bill imposes a mandated appropriation in the annual State Budget Bill
Budget and Taxation  View Committee HearingAppropriations  View Committee Hearing
Broad Subject(s):State Pensions and Retirement
Narrow Subject(s):Appropriations
Counties -see also- Chartered Counties; Code Counties
Education, Boards of
Retirement Systems -see also- Mandatory Retirement

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November 28, 2017 1:13 P.M.