Public Employees' Retirement Association Defined Benefit Plan Payments To Ex-spouse
| Type | Bill |
|---|---|
| Session | 2023 Regular Session |
| Subjects |
Concerning public employees' retirement association defined benefit plan payments to an ex-spouse upon remarriage.
Bill Summary:
Currently, a member of any public employee retirement association (member) and the member's ex-spouse can agree to divide the member's monthly retirement benefits under a defined benefit plan pursuant to a divorce. If the member and the ex-spouse agree to divide the monthly benefit payment between them, the ex-spouse is entitled to receive a share of the monthly benefits until the ex-spouse dies.
For a member who receives a defined benefit administered by the public employees' retirement association (PERA) on and after specified dates, the bill requires the PERA member and the ex-spouse to agree to terminate the ex-spouse's monthly PERA benefits if the ex-spouse remarries. The bill specifies certain information that must be included in the written agreement dividing the PERA member's benefits and specifies that the terminated monthly benefit will accrue to the retired PERA member.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Representative
Regina English
Committees
House
Finance
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 01/31/2023 | Introduced |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001 (Attachment C). | The motion passed without objection. | Vote summary |
| Refer House Bill 23-1144, as amended, to the Committee of the Whole. | The motion failed on a vote of 5-6. | Vote summary |
| Postpone House Bill 23-1144 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. | The motion passed on a vote of 6-5. | Vote summary |
| Activity | Vote | Documents |
|---|
| Date | Amendment Number | Committee/ Floor Hearing | Status | Documents |
|---|---|---|---|---|
| 02/23/2023 | L.001 | HOU Finance | Passed [*] |
| Date | Location | Action |
|---|---|---|
| 02/23/2023 | House | House Committee on Finance Postpone Indefinitely |
| 02/16/2023 | House | House Committee on Finance Witness Testimony and/or Committee Discussion Only |
| 01/31/2023 | House | Introduced In House - Assigned to Finance |