SENATE BILL 113

Sponsored By:

Senator Kasemeyer (Chairman, Joint Committee on Pensions)

Entitled:

State Retirement and Pension Systems - Limitations on Benefits and Contributions

Synopsis:

Prohibiting the Board of Trustees for the State Retirement and Pension System from paying an allowance that exceeds a specified limit under the Internal Revenue Code; requiring the State Retirement Agency to reduce an allowance and specified contributions under specified circumstances; requiring the Agency to pay a participant postretirement adjustments under specified circumstances; requiring that other specified retirement or pension systems make specified reductions before any reduction is made by the Board; etc.

History by Legislative Date

Senate Action

1/22

First Reading Budget and Taxation

1/25

Hearing 1/28 at 8:30 a.m.

3/1

Favorable with Amendments Report by Budget and Taxation

3/2

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/4

Third Reading Passed (44-0)

4/5

Return Passed

4/27

Signed by the Governor Chapter 148

House Action

3/5

First Reading Appropriations

3/10

Hearing 3/25 at 1:00 p.m.

4/2

Favorable Report by Appropriations

3/30

Favorable Report Adopted

Second Reading Passed

3/31

Third Reading Passed (117-0)

Sponsored by:

Senator Edward J. Kasemeyer, District 12

Pensions, Joint Comm. on

Bill indexed under the following Subjects:

COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

STATE EMPLOYEES -see also- PUBLIC EMPLOYEES

Bill affects the following Statute:

State Personnel and Pensions

( 20-208 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 279824/1 (PDF)     Offered on: March 2, 1999   at: 11:24 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 4, 1999: Third Reading Passed (44-0)

House

March 31, 1999: Third Reading Passed (117-0)