Wednesday, June 19, 2013

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HB 1319 - Governmental Retirement Systems

General Bill   by Grady
Governmental Retirement Systems: Designates act "Public Employee Retirement Preservation Act"; requires certain public employees to contribute an additional specified percentage of their gross income for certain purposes; provides requirements for certain retirement system or plan actuarial reports & experience studies; provides for closing of certain plans; provides maximum retirement benefit for certain retirement system or plan members; provides requirements for board of trustees of each retirement system or plan; provides membership requirements for special fire control district board of trustees; revises requirements for increasing firefighter member contributions; authorizes municipality or special fire control district to establish defined contribution retirement plan for certain purposes; requires municipalities & special fire control districts with their own pension plans for firefighters to provide certain extra benefits; provides membership requirements for municipality board of trustees; revises requirements for increasing police officer member contributions; authorizes municipality to establish defined contribution retirement plan for certain purposes; requires municipalities with their own pension plans for police officers to provide certain extra benefits; requires state & local government balance sheets to contain certain pension information; requires the Chief Financial Officer & officials of governing bodies of political subdivision of the state to issue specified reports; authorizes certain units of government to postpone compliance with provisions of this act under specified conditions; provides effective dates.
Effective Date: July 1, 2010
Last Event: Died in Governmental Affairs Policy Committee on Friday, April 30, 2010 6:59 PM

Referred Committees and Committee Actions

House Referrals

    -  Governmental Affairs Policy Committee
    -  Government Operations Appropriations Committee
    -  Finance & Tax Council
    -  Economic Development & Community Affairs Policy Council

Related Bills

Bill # Subject Relationship
HB 1543 Public Retirement Plans Compare
SB 1902 Public Retirement Plans [WPSC] Compare

Bill Text

Staff Analysis

(None Available)

Vote History

(no votes recorded)

Bill History

Event Time Member Committee
Died in Governmental Affairs Policy Committee Friday, April 30, 2010 6:59 PM Governmental Affairs Policy Committee
Now in Governmental Affairs Policy Committee Wednesday, March 03, 2010 4:47 PM Governmental Affairs Policy Committee
Referred to Economic Development & Community Affairs Policy Council Wednesday, March 03, 2010 4:47 PM Economic Development & Community Affairs Policy Council
Referred to Finance & Tax Council Wednesday, March 03, 2010 4:47 PM Finance & Tax Council
Referred to Government Operations Appropriations Committee Wednesday, March 03, 2010 4:47 PM Government Operations Appropriations Committee
Referred to Governmental Affairs Policy Committee Wednesday, March 03, 2010 4:47 PM Governmental Affairs Policy Committee
1st Reading Tuesday, March 02, 2010 10:50 PM
Filed Thursday, February 25, 2010 12:07 PM Grady

Statutes Referenced by this Bill

112.66
175.061
185.35
112.63
122.02
185.07
121.091
185.02
112.65
175.032
185.16
121.021
175.091
214.101
121.052
175.351
214.103
121.0515
175.162
214.102
112.049
121.4501
185.05
 

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