HOUSE BILL 402

Sponsored By:

Delegate Proctor (Chairman, Joint Committee on Pensions)

Entitled:

Optional Retirement Program - Contributions

Synopsis:

Repealing provisions of law that provide for employee contributions to be made under the Optional Retirement Program; requiring employing institutions that authorize employees to participate in a supplemental retirement account to designate the companies that may offer the supplemental retirement accounts and to administer the participation in the supplemental retirement account; etc.

Legislative History

House Action

1/29

First Reading Appropriations

1/31

Hearing 2/13 at 11:00 a.m.

3/11

Favorable with Amendments Report by Appropriations

3/12

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/15

Third Reading Passed (136-0)

4/6

Returned Passed

5/23

Signed by the Governor Chapter 619

Senate Action

3/18

First Reading Budget and Taxation

3/29

Hearing 4/3 at 9:00 a.m.

4/8

Favorable Report by Budget and Taxation

4/5

Favorable Report Adopted

Second Reading Passed

Motion 2rdgs same day Const/Rule 24 (Sen. Amoss) Adopted

Third Reading Passed (47-0)

Sponsored by:

Delegate James E. Proctor, Jr., District 27A

Pensions, Special Joint Comm. on

Bill indexed under the following Subjects:

COMMUNITY COLLEGES

HIGHER EDUCATION -see also- STATE UNIVERSITIES AND COLLEGES.

HIGHER EDUCATION COMMISSION

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

STATE EMPLOYEES

STATE UNIVERSITIES AND COLLEGES

Bill affects the following Statutes:

State Personnel and Pensions

( 30-205 , 30-210 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

House

Number: 014325/1 (PDF) Offered on: MARCH 12, 1996 at: 11:25 Status: Adopted