Legislation

Establishing a cash balance plan under the State Retirement and Pension System; requiring that individuals who on June 30, 2018, are members of specified pension systems become members of the cash balance plan on July 1, 2018; requiring that individuals who are employed on or after July 1, 2018, by participating employers become members of the cash balance plan; requiring the Board of Trustees of the State Retirement and Pension System to administer the cash balance plan; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB1072

Introduced in a prior session as: HB1317 Session: 2011 Regular Session

Bill File Type: Regular

Effective Date(s): June 1, 2018

Bill imposes a mandated appropriation in the annual State Budget Bill

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 Employees and Teachers - Cash Balance 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 Employees and Teachers - Cash Balance Plan
Senate	2/01/2017	2/01/2017	Hearing 2/16 at 9:00 a.m.

File Code

Subjects

Statutes