Legislature(1993 - 1994)

1993-02-11 Senate Journal

Full Journal pdf

1993-02-11                     Senate Journal                      Page 0337
SB 111                                                                       
SENATE BILL NO. 111 by the Senate Finance Committee, entitled:                 
                                                                               
                                                                               

1993-02-11                     Senate Journal                      Page 0338
SB 111                                                                       
"An Act establishing the defined contribution                                 
retirement plan for public employees; requiring the                            
preparation of certain actuarial valuations and                                
actuarial and financial experience analyses of the                             
teachers' retirement system; requiring the teachers'                           
retirement system and the public employees'                                    
retirement system to be fully funded before granting                           
a post retirement pension adjustment; and providing                            
for an effective date."                                                        
                                                                               
was read the first time and referred to the Finance Committee.