Legislature(2005 - 2006)

2005-05-07 House Journal

Full Journal pdf

2005-05-07                     House Journal                      Page 1716
SB 141                                                                                            
A message dated May 7, 2005, was read stating the Senate has failed                                 
to concur in the House amendment to CSSB 141(FIN), namely:                                          
                                                                                                    
            HOUSE CS FOR CS FOR SENATE BILL NO. 141(FIN) am H                                      
    "An Act relating to the teachers' and public employees' retirement                              
    systems and creating defined contribution and health                                            
    reimbursement plans for members of the teachers' retirement                                     
    system and the public employees' retirement system who are first                                
    hired after July 1, 2005; relating to university retirement                                     
    programs; establishing the Alaska Retirement Management Board                                   
    to replace the Alaska State Pension Investment Board, the Alaska                                
    Teachers' Retirement Board, and the Public Employees'                                           
    Retirement Board; adding appeals of the decisions of the                                        
    administrator of the teachers' and public employees' retirement                                 
    systems to the jurisdiction of the office of administrative hearings;                           
    providing for nonvested members of the teachers' retirement                                     

2005-05-07                     House Journal                      Page 1717
    system defined benefit plans to transfer into the teachers'                                     
    retirement system defined contribution plan and for nonvested                                   
    members of the public employees' retirement system defined                                      
    benefit plans to transfer into the public employees' retirement                                 
    system defined contribution plan; providing for political                                       
    subdivisions and public organizations to request to participate in                              
    the public employees' defined contribution retirement plan; and                                 
    providing for an effective date."                                                               
                                                                                                    
and respectfully requests the House to recede from its amendment.                                   
                                                                                                    
In the event the House fails to recede, the President appointed the                                 
following members to a Conference Committee to meet with a like                                     
committee from the House to consider the bills:                                                     
                                                                                                    
 Senator Green, Chair                                                                               
 Senator Seekins                                                                                    
 Senator Olson