Legislation

Title: State Retirement and Pension System - Funding Method and Amortization of Unfunded Liabilities or Surpluses
Sponsored by: Delegate Griffith (Chair, Joint Committee on Pensions)
Status: Approved by the Governor - Chapter 476
Analysis: Fiscal and Policy Note

Synopsis

Altering the amortization periods to be used for unfunded liabilities or surpluses of the State Retirement and Pension System; clarifying the application of a specified amortization period to specified changes; and phasing out a specified method for determining employer contribution rates for the employees' and teachers' retirement and pension systems.

Committees

Original:: Appropriations Click to view Recorded Media

Opposite:: Budget and Taxation

Details

Cross-filed with: SB0474

Bill File Type: Regular

Effective Date(s): July 1, 2013

History

Legislation History
Chamber House Calendar Date 1/29/2013 Legislative Date 1/30/2013 Action First Reading Appropriations Proceedings
Chamber House Calendar Date 1/30/2013 Legislative Date 1/30/2013 Action Hearing 2/12 at 1:00 p.m. Proceedings
Chamber House Calendar Date 2/15/2013 Legislative Date 2/18/2013 Action Favorable Report by Appropriations Proceedings
Chamber House Calendar Date 2/19/2013 Legislative Date 2/19/2013 Action Favorable Report Adopted Proceedings 30
Chamber House Calendar Date 2/19/2013 Legislative Date 2/19/2013 Action Second Reading Passed Proceedings 30
Chamber House Calendar Date 2/21/2013 Legislative Date 2/21/2013 Action Third Reading Passed (134-0) Proceedings 32
Chamber Senate Calendar Date 2/22/2013 Legislative Date 2/22/2013 Action First Reading Budget and Taxation Proceedings 31
Chamber Senate Calendar Date 3/13/2013 Legislative Date 3/13/2013 Action Hearing 3/21 at 8:30 a.m. Proceedings
Chamber Senate Calendar Date 3/18/2013 Legislative Date 3/18/2013 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/18/2013 Legislative Date 3/16/2013 Action Favorable Proceedings 47
Chamber Senate Calendar Date 3/18/2013 Legislative Date 3/16/2013 Action Special Order until 3/20 (Senator Jones-Rodwell) Adopted Proceedings 47
Chamber Senate Calendar Date 3/20/2013 Legislative Date 3/18/2013 Action Favorable Report Adopted Proceedings 49
Chamber Senate Calendar Date 3/20/2013 Legislative Date 3/18/2013 Action Second Reading Passed Proceedings 49
Chamber Senate Calendar Date 3/20/2013 Legislative Date 3/18/2013 Action Motion two readings same day Const/Rule 24 (Senator Jones-Rodwell) Adopted (47-0) Proceedings 49
Chamber Senate Calendar Date 3/20/2013 Legislative Date 3/18/2013 Action Third Reading Passed (47-0) Proceedings 49
Chamber House Calendar Date 3/20/2013 Legislative Date 3/17/2013 Action Returned Passed Proceedings 50A
Chamber Post Passage Calendar Date 5/16/2013 Legislative Date 5/16/2013 Action Approved by the Governor - Chapter 476 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/29/2013	1/30/2013	First Reading Appropriations
House	1/30/2013	1/30/2013	Hearing 2/12 at 1:00 p.m.
House	2/15/2013	2/18/2013	Favorable Report by Appropriations
House	2/19/2013	2/19/2013	Favorable Report Adopted	30
House	2/19/2013	2/19/2013	Second Reading Passed	30
House	2/21/2013	2/21/2013	Third Reading Passed (134-0)	32
Senate	2/22/2013	2/22/2013	First Reading Budget and Taxation	31
Senate	3/13/2013	3/13/2013	Hearing 3/21 at 8:30 a.m.
Senate	3/18/2013	3/18/2013	Favorable Report by Budget and Taxation
Senate	3/18/2013	3/16/2013	Favorable	47
Senate	3/18/2013	3/16/2013	Special Order until 3/20 (Senator Jones-Rodwell) Adopted	47
Senate	3/20/2013	3/18/2013	Favorable Report Adopted	49
Senate	3/20/2013	3/18/2013	Second Reading Passed	49
Senate	3/20/2013	3/18/2013	Motion two readings same day Const/Rule 24 (Senator Jones-Rodwell) Adopted (47-0)	49
Senate	3/20/2013	3/18/2013	Third Reading Passed (47-0)	49
House	3/20/2013	3/17/2013	Returned Passed	50A
Post Passage	5/16/2013	5/16/2013	Approved by the Governor - Chapter 476

Documents

Date Posted	Document Name
1/30/2013	Text - First - State Retirement and Pension System - Funding Method and Amortization of Unfunded Liabilities or Surpluses
2/19/2013	Text - Third - State Retirement and Pension System - Funding Method and Amortization of Unfunded Liabilities or Surpluses
5/23/2013	Text - Chapter - State Retirement and Pension System - Funding Method and Amortization of Unfunded Liabilities or Surpluses
2/15/2013	Vote - House - Committee - Appropriations
3/18/2013	Vote - Senate - Committee - Budget and Taxation
2/21/2013	Vote - House Floor - Third Reading Passed (134-0) - 02/21/13
3/18/2013	Vote - Senate Floor - Motion two readings same day Const/Rule 24 (Jones V) Adopted (47-0) - 03/18/13
3/18/2013	Vote - Senate Floor - Third Reading Passed (47-0) - 03/18/13

File Code

Subjects

Statutes