Legislation - HB1028

Title: Board of Trustees for the State Retirement and Pension System - Investment Division - Compensation and Staffing Committee
Sponsored by: Delegate Forbes (Chair, Joint Committee on Pensions)
Status: In the Senate - Third Reading Passed with Amendments (46-0)
Analysis: Fiscal and Policy Note

Synopsis

Repealing the Objective Criteria Committee of the Board of Trustees for the State Retirement and Pension System and establishing a Compensation and Staffing Committee of the Board of Trustees; requiring the Committee to make certain recommendations to the Board of Trustees regarding the objective criteria to be used in setting compensation and awarding financial incentives to the Chief Investment Officer and Investment Division staff in the Investment Division of the State Retirement Agency; etc.

Committees

Original:: Appropriations Click to view Recorded Media

Opposite:: Budget and Taxation

Committee Testimony

Witness List

Details

Cross-filed with: SB0810

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber House Calendar Date 2/03/2025 Legislative Date 2/03/2025 Action First Reading Appropriations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Board of Trustees for the State Retirement and Pension System - Investment Division - Compensation and Staffing Committee Proceedings
Chamber House Calendar Date 2/21/2025 Legislative Date 2/21/2025 Action Hearing 3/11 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Appropriations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/14/2025 Legislative Date 3/14/2025 Action Favorable Report by Appropriations Proceedings
Chamber House Calendar Date 3/14/2025 Legislative Date 3/04/2025 Action Favorable Adopted Second Reading Passed Proceedings 44 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Board of Trustees for the State Retirement and Pension System - Investment Division - Compensation and Staffing Committee Proceedings
Chamber House Calendar Date 3/14/2025 Legislative Date 3/05/2025 Action Third Reading Passed (139-0) Proceedings 45 Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2025 Legislative Date 2/28/2025 Action Referred Budget and Taxation Proceedings 48 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/27/2025 Legislative Date 3/27/2025 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/27/2025 Legislative Date 3/09/2025 Action Favorable with Amendments {543229/1 Adopted Proceedings 57 Click to view Recorded Media
Chamber Senate Calendar Date 3/27/2025 Legislative Date 3/09/2025 Action Second Reading Passed with Amendments Proceedings 57 Click to view Recorded Media
Chamber Senate Calendar Date 3/28/2025 Legislative Date 3/10/2025 Action Third Reading Passed (46-0) Proceedings 58 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/03/2025	2/03/2025	First Reading Appropriations
			Text - First - Board of Trustees for the State Retirement and Pension System - Investment Division - Compensation and Staffing Committee
House	2/21/2025	2/21/2025	Hearing 3/11 at 1:00 p.m.
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	3/14/2025	3/14/2025	Favorable Report by Appropriations
House	3/14/2025	3/04/2025	Favorable Adopted Second Reading Passed	44 Click to view Recorded Media
			Text - Third - Board of Trustees for the State Retirement and Pension System - Investment Division - Compensation and Staffing Committee
House	3/14/2025	3/05/2025	Third Reading Passed (139-0)	45 Click to view Recorded Media
Senate	3/17/2025	2/28/2025	Referred Budget and Taxation	48 Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/27/2025	3/27/2025	Favorable with Amendments Report by Budget and Taxation
Senate	3/27/2025	3/09/2025	Favorable with Amendments {543229/1 Adopted	57 Click to view Recorded Media
Senate	3/27/2025	3/09/2025	Second Reading Passed with Amendments	57 Click to view Recorded Media
Senate	3/28/2025	3/10/2025	Third Reading Passed (46-0)	58 Click to view Recorded Media

File Code

Subjects

Statutes