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2017 Regular Session



State Retirement and Pension System - Guaranteed Retirement Income Plan and Retirement Savings Plan

Sponsored by:

Senator Eckardt


In the Senate - Hearing 2/16 at 9:00 a.m.

Synopsis:Altering specified local employer contributions for members of the Teachers' Pension System; establishing a guaranteed retirement income plan and a retirement savings plan under the State Retirement and Pension System; requiring that members of the Employees' Pension System or the Teachers' Pension System elect to become members of the guaranteed retirement income plan or the retirement savings plan by June 15, 2018; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Eckardt, Bates, Ready, and Serafini
Additional Facts:Cross-filed with: HB1064
Introduced in a prior session as: HB1344 Session: 2011 Regular Session
Bill File Type: Regular
Effective Date(s): June 1, 2017
Bill imposes a mandated appropriation in the annual State Budget Bill
Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
Budget and Taxation  View Committee Hearing
Broad Subject(s):State Pensions and Retirement
Narrow Subject(s):Administrative Agencies -see also- Electronic Government
Beneficiaries -see also- Estates and Trusts
Committees and Commissions -see also- Political Committees
Death -see also- Advance Medical Directives; Wrongful Death
Disabilities -see also- Blind; Deaf; Developmental
Investments -see also- Securities
Local Government Mandates
Public Employees -see also- State Employees
Public Information
Retirement Systems -see also- Mandatory Retirement
Salaries and Compensation -see also- Overtime; Reimb. Rates
State Employees
Work, Labor and Employment -see also- Col Barg; Holiday; etc
Statutes:Article - State Personnel and Pensions
(20-101, 21-304, 23-203, 23-204, 23-208, 30-302, 33-101 through 33-403, 33A-101 through 33A-505)

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Explanation of Floor Motions and Actions

November 28, 2017 1:11 P.M.