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Legislation


2012 Regular Session

HOUSE BILL 645

File Code: State Pensions and Retirement Prior Year Introduction As: HB 1317/11 - APP Crossfiled with: SENATE BILL 956
Sponsored By:
Delegates Serafini, Bates, Dwyer, Eckardt, Haddaway-Riccio, McComas, Ready, Schulz, and Smigiel
Entitled:
State Retirement and Pension Systems - New Hires - Cash Balance Defined Benefit Plan

Synopsis:

Establishing a cash balance plan under the State Retirement and Pension System; requiring that individuals who are employed by participating employers 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; requiring the State Retirement Agency to obtain a specified Internal Revenue Service determination letter; 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.
House Action
2/8
First Reading Appropriations
2/29
Hearing 3/13 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Andrew A. Serafini, District 2A
Delegate Gail H. Bates, District 9A
Delegate Don H. Dwyer, Jr., District 31
Delegate Adelaide C. Eckardt, District 37B
Delegate Jeannie Haddaway-Riccio, District 37B
Delegate Susan K. McComas, District 35B
Delegate Justin Ready, District 5A
Delegate Kelly Schulz, District 4A
Delegate Michael D. Smigiel, Sr., District 36

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 41-208 )

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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