Legislation - SB0862

Requiring the Board of Trustees for the State Retirement and Pension System to certify certain employer contribution rates each fiscal year; requiring the employer contribution rates to include recognition of certain administrative and operational expenses; repealing a requirement that certain administrative and operational expenses of the State Retirement and Pension System and the State Retirement Agency be funded by charging each participating employer an administrative fee for each system participant; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Appropriations

Committee Testimony

Witness List

Details

Cross-filed with: HB1072

Bill File Type: Regular

Effective Date(s): June 1, 2025

History

Legislation History
Chamber Senate Calendar Date 2/03/2025 Legislative Date 1/28/2025 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Retirement and Pension System - Administrative Fees - Repeal Proceedings
Chamber Senate Calendar Date 2/04/2025 Legislative Date 2/04/2025 Action Hearing 2/13 at 9:00 a.m. Proceedings
Chamber Senate Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action Hearing 2/27 at 9:00 a.m. Proceedings
Chamber Senate Calendar Date 2/07/2025 Legislative Date 2/07/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/07/2025 Legislative Date 2/07/2025 Action Hearing 2/13 at 9:00 a.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/10/2025 Legislative Date 3/10/2025 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/11/2025 Legislative Date 2/21/2025 Action Favorable with Amendments {363727/1 Adopted Proceedings 41 Click to view Recorded Media
Chamber Senate Calendar Date 3/11/2025 Legislative Date 2/21/2025 Action Second Reading Passed with Amendments Proceedings 41 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - State Retirement and Pension System - Administrative Fees - Repeal Proceedings
Chamber Senate Calendar Date 3/12/2025 Legislative Date 2/23/2025 Action Third Reading Passed (47-0) Proceedings 43 Click to view Recorded Media
Chamber House Calendar Date 3/13/2025 Legislative Date 3/02/2025 Action Referred Appropriations Proceedings 42 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/03/2025	1/28/2025	First Reading Budget and Taxation
			Text - First - State Retirement and Pension System - Administrative Fees - Repeal
Senate	2/04/2025	2/04/2025	Hearing 2/13 at 9:00 a.m.
Senate	2/05/2025	2/05/2025	Hearing canceled
Senate	2/05/2025	2/05/2025	Hearing 2/27 at 9:00 a.m.
Senate	2/07/2025	2/07/2025	Hearing canceled
Senate	2/07/2025	2/07/2025	Hearing 2/13 at 9:00 a.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/10/2025	3/10/2025	Favorable with Amendments Report by Budget and Taxation
Senate	3/11/2025	2/21/2025	Favorable with Amendments {363727/1 Adopted	41 Click to view Recorded Media
Senate	3/11/2025	2/21/2025	Second Reading Passed with Amendments	41 Click to view Recorded Media
			Text - Third - State Retirement and Pension System - Administrative Fees - Repeal
Senate	3/12/2025	2/23/2025	Third Reading Passed (47-0)	43 Click to view Recorded Media
House	3/13/2025	3/02/2025	Referred Appropriations	42 Click to view Recorded Media

File Code

Subjects

Statutes