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Legislation


2012 Regular Session

SENATE BILL 958

File Code: State Pensions and Retirement Crossfiled with: HOUSE BILL 653
Sponsored By:
Senator Brinkley
Entitled:
State Retirement and Pension Systems - Cash Balance Plan

Synopsis:

Establishing a cash balance plan under the State Retirement and Pension System; requiring that individuals who on June 30, 2012, are members of specified pension systems become members of the cash balance plan on July 1, 2012; requiring that specified individuals who are employed on or after July 1, 2012, become members of the cash balance plan; requiring the Board of Trustees of the State Retirement and Pension System to administer the cash balance plan; making provisions of the Act subject to a contingency; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
2/14
First Reading Senate Rules
2/20
Re-referred Budget and Taxation
2/29
Hearing 3/8 at 8:30 a.m.
House Action
No Action

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Appropriations
Federal Government
Public Employees -see also- State Employees
Retirement Systems -see also- Mandatory Retirement
Rules and Regulations
State Employees
Teachers

Bill affects the following Statutes:

State Personnel and Pensions
( 23-203 , 23-204 , 23-208 , 30-302 , 41-101 through 41-209 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
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