Legislature(2005 - 2006)
2005-05-09 House Journal
Full Journal pdf2005-05-09 House Journal Page 1856 SB 141 The Conference Committee considering: 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 2005-05-09 House Journal Page 1857 systems to the jurisdiction of the office of administrative hearings; providing for nonvested members of the teachers' retirement 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 CS FOR SENATE BILL NO. 141(FIN) (same title) did not come to agreement on Sections 35 - 50, Sections 132 - 133, AS 14.25.315 in Section 32, and AS 39.35.705 in Section 120 and respectfully requests that a Free Conference Committee be appointed. The request was signed by Representatives Seaton, Weyhrauch, Crawford; and Senators Green (Chair), Seekins, Olson. The Conference Committee with limited powers was discharged. The Speaker later appointed the Free Conference Committee members.