IN SB0012 | 2011 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on May 17 2011 - 100% progression
Action: 2011-05-18 - SECTION 22 effective 04/15/2011
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Bipartisan Bill
Status: Passed on May 17 2011 - 100% progression
Action: 2011-05-18 - SECTION 22 effective 04/15/2011
Text: Latest bill text (Enrolled) [HTML]
Summary
Removes a provision requiring the teachers' retirement fund (TRF) to maintain separate accounts for each employer within the retirement allowance account of the 1996 account. Permits a member of the public employees' retirement fund (PERF) or TRF who is eligible for an early retirement to withdraw the member's annuity savings account without applying for a retirement benefit. Requires, after December 31, 2011, that an employer of participants in: (1) the state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement fund; (2) the judges' retirement system; (3) the prosecuting attorneys' retirement fund (PARF); and (4) the 1977 police officers' and firefighters' pension and disability fund (1977 Fund); submit contributions, reports, and records electronically. Authorizes the PERF board of trustees to establish due dates for contributions, reports, and records submitted by an employer. Permits an administrative law judge, for cause shown, to order the waiver or extension of the 180-day limit in which the PERF board of trustees is required to issue a final order after the date the PERF board receives a local board's initial disability determination or the PERF director initiates a review of a default disability award for a 1977 Fund member. Makes technical corrections to remove references to the auditor of state in connection with the administration of PERF. Codifies P.L.33-2006, Section 4, concerning PARF and repeals the noncode provision. Makes technical corrections in conformity with amendments in P.L.22-1998 to the 1977 Fund that reduced from 55 to 52 the age at which a fund member reaches regular retirement status. (The introduced version of this bill was prepared by the pension management oversight commission.)
Title
PERF and TRF administrative matters.
Sponsors
Sen. Philip Boots [R] | Sen. James Buck [R] | Sen. Dennis Kruse [R] | Sen. Lonnie Randolph [D] |
Sen. Karen Tallian [D] |
Roll Calls
2011-04-04 - House - House - Third reading: passed (Y: 93 N: 0 NV: 1 Abs: 6) [PASS]
Senate - Senate - (Y: 47 N: 0 NV: 0 Abs: 3) [PASS]
Senate - Senate - (Y: 47 N: 0 NV: 0 Abs: 3) [PASS]
History
Date | Chamber | Action |
---|---|---|
2011-05-18 | SECTION 22 effective 04/15/2011 | |
2011-05-18 | SECTIONS 12 through 21 effective 07/01/2011 | |
2011-05-18 | SECTION 11 effective 04/15/2011 | |
2011-05-18 | SECTIONS 1 through 10 effective 07/01/2011 | |
2011-05-17 | Public Law 13 | |
2011-04-15 | Signed by the Governor | |
2011-04-12 | Signed by the President of the Senate | |
2011-04-08 | Signed by the Speaker | |
2011-04-07 | Signed by the President Pro Tempore | |
2011-04-04 | Returned to the Senate without amendments | |
2011-04-04 | Third reading: passed; Roll Call 397: yeas 93, nays 0 | |
2011-03-31 | Second reading: ordered engrossed | |
2011-03-29 | Committee report: do pass, adopted | |
2011-03-28 | First reading: referred to Committee on Employment, Labor and Pensions | |
2011-01-20 | Senators Kruse and Randolph added as coauthors | |
2011-01-20 | Cosponsor: Rep. Niezgodski | |
2011-01-20 | House sponsor: Rep. Crouch | |
2011-01-20 | Referred to the House | |
2011-01-20 | Third reading: passed; Roll Call 13: yeas 47 and nays 0 | |
2011-01-18 | Senator Buck added as second author | |
2011-01-18 | Second reading: ordered engrossed | |
2011-01-12 | Committee report: amend do pass, adopted | |
2011-01-10 | Senator Tallian added as coauthor | |
2011-01-05 | First reading: referred to Committee on Pensions and Labor | |
2011-01-05 | Authored by Senator Boots |