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SB19-106

Withdraw Peace Officers Local Government Retirement Plan

Type Bill
Session 2019 Regular Session
Subjects
Local Government

Concerning an additional process by which a board of county commissioners may initiate the withdrawal of current employees who are peace officers from a defined contribution retirement plan offered by one or more local governments.

Bill Summary:

County, municipal, and political subdivision officers' and employees' retirement systems - employer withdrawal from system - current employees who are peace officers. For a local government that has adopted a plan or system of retirement benefits for its elected or appointed officers and for its employees and that maintains an association for the purchase, establishment, or procurement of a retirement plan or system (association), a new mechanism for certain employers to withdraw from its participation in the association is created. The board of county commissioners may, after an association has been provided an opportunity to present information to the board of county commissioners regarding the advantages or disadvantages of withdrawal from the association, initiate the withdrawal of current employees who are peace officers from its participation in and contributions to a defined contribution plan offered by an association for the purpose of joining a retirement plan offered by the fire and police pension association. For such a withdrawal, the approval requirement to withdraw is 55% of all current employees who are peace officers proposed to be withdrawn from participation in a defined contribution plan offered by the association.

If the withdrawal from the defined contribution plan offered by an association is approved, a current employee who is a peace officer may elect to remain an active member of the defined contribution plan. A current employee who is peace officer is required to notify the association and the board of county commissioners whether he or she will remain in the defined contribution plan or become part of the defined benefit plan administered by the fire and police pension association. If a current employee who is a peace officer does not provide such notice, the current employee will remain in the defined contribution plan. A peace officer who is hired on or after the effective date of the retirement plan offered by the fire and police pension association will be enrolled in the retirement plan offered by the fire and police pension association.

A board of county commissioners may use the new withdrawal provision once every 4 years. A board of county commissioners may also use the existing withdrawal provision to initiate the withdrawal of current employees who are peace officers from its participation in a defined contribution plan.


(Note: This summary applies to this bill as enacted.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
05/06/2019 Signed Act PDF
04/25/2019 Final Act PDF
03/20/2019 Rerevised PDF
03/19/2019 Revised PDF
02/19/2019 Reengrossed PDF
02/15/2019 Engrossed PDF
01/25/2019 Introduced PDF
Date Version Documents
03/12/2019 PA2 PDF
02/13/2019 PA1 PDF
Date Version Documents
06/13/2019 FN2 PDF
02/08/2019 FN1 PDF
Activity Vote Documents
Adopt amendment L.007 (Attachment A) The motion passed without objection. Vote summary
Adopt amendment L.008 (Attachment B) The motion passed on a vote of 8-1. Vote summary
Refer Senate Bill 19-106, as amended, to the Committee of the Whole. The motion passed on a vote of 10-1. Vote summary
Activity Vote Documents
Adopt amendment L.003 (Attachment B) The motion passed without objection. Vote summary
Adopt amendment L.006 (Attachment C) The motion passed without objection. Vote summary
Adopt amendment L.004 (Attachment D) The motion failed on a vote of 1-6. Vote summary
Refer Senate Bill 19-106, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 7-0. Vote summary
Date Calendar Motion Vote Vote Document
04/09/2019 Conference Committee Report REPASS
35
AYE
0
NO
0
OTHER
Vote record
04/09/2019 Conference Committee Report ADOPT CCR
35
AYE
0
NO
0
OTHER
Vote record
03/21/2019 House Amendments NOT CONCUR APPT CC
34
AYE
0
NO
1
OTHER
Vote record
02/19/2019 Third Reading BILL
34
AYE
0
NO
1
OTHER
Vote record
Date Calendar Motion Vote Vote Document
04/05/2019 Conference Committee Report REPASS
52
AYE
12
NO
1
OTHER
Vote record
04/05/2019 Conference Committee Report ADOPT
53
AYE
11
NO
1
OTHER
Vote record
04/01/2019 Conference Committee Report BYD SCP
63
AYE
0
NO
2
OTHER
Vote record
03/20/2019 Third Reading BILL
53
AYE
12
NO
0
OTHER
Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
03/12/2019 L.008 HOU Transportation & Local Government Passed [*] PDF
03/12/2019 L.007 HOU Transportation & Local Government Passed [*] PDF
02/12/2019 L.004 SEN Finance Lost PDF
02/12/2019 L.006 SEN Finance Passed [*] PDF
02/12/2019 L.003 SEN Finance Passed [*] PDF
Date Location Action
05/06/2019 Governor Governor Signed
04/25/2019 Governor Sent to the Governor
04/25/2019 House Signed by the Speaker of the House
04/25/2019 Senate Signed by the President of the Senate
04/09/2019 Senate Senate Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
04/05/2019 House House Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
04/01/2019 ConfComm First Conference Committee Result was to Adopt Rerevised w/ Amendments
03/21/2019 Senate Senate Considered House Amendments - Result was to Not Concur - Request Conference Committee
03/20/2019 House House Third Reading Passed - No Amendments
03/19/2019 House House Second Reading Passed with Amendments - Committee
03/15/2019 House House Second Reading Laid Over Daily - No Amendments
03/12/2019 House House Committee on Transportation & Local Government Refer Amended to House Committee of the Whole
02/19/2019 House Introduced In House - Assigned to Transportation & Local Government
02/19/2019 Senate Senate Third Reading Passed - No Amendments
02/15/2019 Senate Senate Second Reading Passed with Amendments - Committee
02/12/2019 Senate Senate Committee on Finance Refer Amended - Consent Calendar to Senate Committee of the Whole
01/25/2019 Senate Introduced In Senate - Assigned to Finance
Effective Date Chapter # Title Documents
08/02/2019 143 Withdraw Peace Officers Local Gov Retirement Plan PDF