SB0470 (CH0472)

2013 Regular Session



Employees' Pension System - Somerset County Economic Development Commission - Eligible Governmental Unit

Sponsored by:

Senator Mathias


Approved by the Governor - Chapter 472

Synopsis:Adding the Somerset County Economic Development Commission as an eligible governmental unit in the Employees' Pension System; providing that specified individuals are subject to the alternate contributory pension benefit in the Employees' Pension System in the same manner as other specified individuals; and providing specified employees of the Somerset County Economic Development Commission a specified amount of additional service credit in the Employees' Pension System.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senator Mathias
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2013
Budget and TaxationAppropriations  View Committee Hearing
Broad Subject(s):State Pensions and Retirement
Local Government - Generally
Narrow Subject(s):Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Committees and Commissions -see also- Political Committees
Public Employees -see also- State Employees
Retirement Systems -see also- Mandatory Retirement
Somerset County
Statutes:Article - State Personnel and Pensions
(23-221, 31-102, 31-111, 31-111.7, 31-116.2)

How a Bill Becomes Law

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Explanation of Floor Motions and Actions

October 24, 2017 1:08 P.M.