HB 1319 (2010) -  Governmental Retirement Systems

by Grady
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

Related Bills

Staff Analysis

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Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Governmental Affairs Policy Committee Time: 04/30/2010 - 6:59 PM Member: Committee: Governmental Affairs Policy Committee Version: __
Event: H Now in Governmental Affairs Policy Committee Time: 03/03/2010 - 4:47 PM Member: Committee: Governmental Affairs Policy Committee Version: __
Event: H Referred to Economic Development & Community Affairs Policy Council Time: 03/03/2010 - 4:47 PM Member: Committee: Economic Development & Community Affairs Policy Council Version: __
Event: H Referred to Finance & Tax Council Time: 03/03/2010 - 4:47 PM Member: Committee: Finance & Tax Council Version: __
Event: H Referred to Government Operations Appropriations Committee Time: 03/03/2010 - 4:47 PM Member: Committee: Government Operations Appropriations Committee Version: __
Event: H Referred to Governmental Affairs Policy Committee Time: 03/03/2010 - 4:47 PM Member: Committee: Governmental Affairs Policy Committee Version: __
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: __
Event: H Filed Time: 02/25/2010 - 12:07 PM Member: Grady Committee: Version: __