Legislation

Title: State Retirement and Pension System - Guaranteed Retirement Income Plan and Retirement Savings Plan
Sponsored by: Senators Eckardt, Bates, Ready, and Serafini
Status: In the Senate - Hearing 2/16 at 9:00 a.m.
Analysis: Fiscal and Policy Note

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.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

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

History

Legislation History
Chamber Senate Calendar Date 1/30/2017 Legislative Date 1/30/2017 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Retirement and Pension System - Guaranteed Retirement Income Plan and Retirement Savings Plan Proceedings
Chamber Senate Calendar Date 2/01/2017 Legislative Date 2/01/2017 Action Hearing 2/16 at 9:00 a.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/30/2017	1/30/2017	First Reading Budget and Taxation
			Text - First - State Retirement and Pension System - Guaranteed Retirement Income Plan and Retirement Savings Plan
Senate	2/01/2017	2/01/2017	Hearing 2/16 at 9:00 a.m.

File Code

Subjects

Statutes