Local Government Retirement Plan Contribution Rates
| Type | Bill |
|---|---|
| Session | 2019 Regular Session |
| Subjects |
Concerning flexibility in the contribution rates to a local government retirement plan or system.
Bill Summary:
County, municipality, and other political subdivisions - retirement benefits plan or system for elected or appointed officers and employees - contribution rates. For any county, municipality, or other political subdivision (local government) or group of local governments that has established and maintains a plan or system (plan) of retirement benefits for its elected or appointed officers and its employees, the minimum contribution rate of participants in the plan is changed to 3% of the participant's basic salary or wage. In addition, the contribution rate of the local government and the contribution rate of the participant do not have to be the same, as was previously required, as long as the contribution rate for each is at least 3% of the participant's salary or wage.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 19-1299 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 4-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 19-1299 to the Committee of the Whole. | The motion passed on a vote of 8-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/27/2019 | Third Reading | BILL |
34
AYE
0
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/18/2019 | Third Reading | BILL |
65
AYE
0
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 05/17/2019 | Governor | Governor Signed |
| 05/13/2019 | Governor | Sent to the Governor |
| 05/13/2019 | Senate | Signed by the President of the Senate |
| 05/13/2019 | House | Signed by the Speaker of the House |
| 04/27/2019 | Senate | Senate Third Reading Passed - No Amendments |
| 04/26/2019 | Senate | Senate Second Reading Passed - No Amendments |
| 04/24/2019 | Senate | Senate Committee on State, Veterans, & Military Affairs Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 04/18/2019 | Senate | Introduced In Senate - Assigned to State, Veterans, & Military Affairs |
| 04/18/2019 | House | House Third Reading Passed - No Amendments |
| 04/17/2019 | House | House Second Reading Special Order - Passed - No Amendments |
| 04/15/2019 | House | House Committee on Finance Refer Unamended to House Committee of the Whole |
| 04/01/2019 | House | Introduced In House - Assigned to Finance |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 08/02/2019 | 211 | Local Gov Retirement Plan Contribution Rates |