Legislature(2005 - 2006)
05/08/2005 01:59 PM Joint 141
| Audio | Topic |
|---|---|
| Start | |
| SB141 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
ALASKA STATE LEGISLATURE
CONFERENCE COMMITTEE ON SB 141
May 8, 2005
1:59 p.m.
MEMBERS PRESENT
Senator Lyda Green, Chair
Senator Ralph Seekins
Senator Donny Olson
Representative Bruce Weyhrauch
Representative Paul Seaton
Representative Harry Crawford
MEMBERS ABSENT
All members present
COMMITTEE CALENDAR
CS FOR SENATE BILL NO. 141(FIN)
"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 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."
HEARD AND HELD
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 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."
HEARD AND HELD
THE COMMITTEE SUBMITTED A LETTER TO PRESIDING OFFICERS
REQUESTING FREE CONFERENCE COMMITTEE POWERS
PREVIOUS COMMITTEE ACTION
BILL: SB 141
SHORT TITLE: PUBLIC EMPLOYEE/TEACHER RETIREMENT/BOARDS
SPONSOR(s): FINANCE
03/14/05 (S) READ THE FIRST TIME - REFERRALS
03/14/05 (S) FIN
03/16/05 (S) FIN AT 9:00 AM SENATE FINANCE 532
03/16/05 (S) Heard & Held
03/16/05 (S) MINUTE(FIN)
03/17/05 (S) FIN AT 9:00 AM SENATE FINANCE 532
03/17/05 (S) Heard & Held
03/17/05 (S) MINUTE(FIN)
03/21/05 (S) FIN AT 9:00 AM SENATE FINANCE 532
03/21/05 (S) Heard & Held
03/21/05 (S) MINUTE(FIN)
03/22/05 (S) FIN AT 9:00 AM SENATE FINANCE 532
03/22/05 (S) Heard & Held
03/22/05 (S) MINUTE(FIN)
03/23/05 (S) FIN AT 9:00 AM SENATE FINANCE 532
03/23/05 (S) Heard & Held
03/23/05 (S) MINUTE(FIN)
03/29/05 (S) FIN AT 4:30 PM SENATE FINANCE 532
03/29/05 (S) Heard & Held
03/29/05 (S) MINUTE(FIN)
03/30/05 (H) FIN AT 9:00 AM HOUSE FINANCE 519
03/30/05 (S) Heard & Held
03/30/05 (S) MINUTE(FIN)
03/31/05 (H) FIN AT 9:00 AM HOUSE FINANCE 519
03/31/05 (S) Heard & Held
03/31/05 (S) MINUTE(FIN)
04/01/05 (H) FIN AT 9:00 AM HOUSE FINANCE 519
04/01/05 (S) Heard & Held
04/01/05 (S) MINUTE(FIN)
04/02/05 (S) FIN AT 10:00 AM SENATE FINANCE 532
04/02/05 (S) Heard & Held
04/02/05 (S) MINUTE(FIN)
04/03/05 (S) FIN AT 10:00 AM SENATE FINANCE 532
04/03/05 (S) Heard & Held
04/03/05 (S) MINUTE(FIN)
04/04/05 (S) FIN AT 9:00 AM SENATE FINANCE 532
04/04/05 (S) Scheduled But Not Heard
04/05/05 (S) FIN AT 9:00 AM SENATE FINANCE 532
04/05/05 (S) Heard & Held
04/05/05 (S) MINUTE(FIN)
04/06/05 (S) FIN AT 9:00 AM SENATE FINANCE 532
04/06/05 (S) Moved CSSB 141(FIN) Out of Committee
04/06/05 (S) MINUTE(FIN)
04/08/05 (S) FIN RPT CS 5DP 1DNP 1AM
NEW TITLE
04/08/05 (S) DP: GREEN, WILKEN, BUNDE, DYSON,
STEDMAN
04/08/05 (S) DNP: HOFFMAN
04/08/05 (S) AM: OLSON
04/12/05 (S) ENGROSSED
04/14/05 (S) TRANSMITTED TO (H)
04/14/05 (S) VERSION: CSSB 141(FIN)
04/14/05 (H) READ THE FIRST TIME - REFERRALS
04/14/05 (H) STA, FIN
04/14/05 (H) STA AT 8:00 AM CAPITOL 106
04/14/05 (H) <Pending Referral>
04/16/05 (H) STA AT 9:30 AM CAPITOL 106
04/16/05 (H) <Bill Hearing Canceled>
04/19/05 (H) STA AT 8:00 AM CAPITOL 106
04/19/05 (H) Heard & Held
04/19/05 (H) MINUTE(STA)
04/20/05 (H) STA AT 8:00 AM CAPITOL 106
04/20/05 (H) Moved HCS CSSB 141(STA) Out of
Committee
04/20/05 (H) MINUTE(STA)
04/21/05 (H) STA AT 8:00 AM CAPITOL 106
04/21/05 (H) <Bill Hearing Canceled>
04/22/05 (H) STA RPT HCS(STA) 1DP 5NR
04/22/05 (H) DP: SEATON;
04/22/05 (H) NR: LYNN, GATTO, GRUENBERG, ELKINS,
RAMRAS
04/23/05 (H) FIN AT 10:00 AM HOUSE FINANCE 519
04/23/05 (H) Heard & Held
04/23/05 (H) MINUTE(FIN)
04/28/05 (H) FIN AT 1:30 PM HOUSE FINANCE 519
04/28/05 (H) Heard & Held
04/28/05 (H) MINUTE(FIN)
04/30/05 (H) FIN AT 2:00 PM HOUSE FINANCE 519
04/30/05 (H) Heard & Held
04/30/05 (H) MINUTE(FIN)
05/01/05 (H) FIN AT 1:00 PM HOUSE FINANCE 519
05/01/05 (H) Moved HCS CSSB 141(FIN) Out of
Committee
05/01/05 (H) MINUTE(FIN)
05/02/05 (H) FIN RPT HCS(FIN) 2DP 5NR 2AM
(FORTHCOMING HCS)
05/02/05 (H) DP: KELLY, FOSTER;
05/02/05 (H) NR: JOULE, STOLTZE, MOSES, MEYER,
CHENAULT;
05/02/05 (H) AM: HAWKER, WEYHRAUCH
05/02/05 (H) OBJECTION TO REFERRAL TO RULES
05/02/05 (H) OBJECTION TO REFERRAL TO RULES
WITHDRAWN
05/02/05 (H) RETURNED TO FIN COMMITTEE
05/02/05 (H) FIN RPT HCS(FIN) 3DP 4NR 1AM
(FORTHCOMING HCS)
05/02/05 (H) DP: FOSTER, KELLY, CHENAULT;
05/02/05 (H) NR: HOLM, STOLTZE, MOSES, MEYER;
05/02/05 (H) AM: HAWKER
05/02/05 (H) OBJECTION TO FISCAL ANALYSIS WITH
FINANCE RPT
05/02/05 (H) REPLACE FISCAL ANALYSIS FAILED Y15 N25
05/02/05 (H) FIN AT 1:30 PM HOUSE FINANCE 519
05/02/05 (H) Moved HCS CSSB 141(FIN) Out of
Committee
05/02/05 (H) MINUTE(FIN)
05/03/05 (H) HCS(FIN) NT RECEIVED
05/03/05 (H) MOVED TO BOTTOM OF CALENDAR
05/03/05 (H) BEFORE THE HOUSE
05/03/05 (H) MOTION TO DIVIDE AM NO 3 NOT IN ORDER
05/03/05 (H) ADJOURNED TO 5/4
05/05/05 (H) BEFORE THE HOUSE
05/06/05 (H) ENGROSSED
05/07/05 (H) VERSION: HCS CSSB 141(FIN) AM H
05/07/05 (S) CONCURRENCE MESSAGE READ
05/07/05 (S) CONFERENCE COMMITTEE APPOINTED
05/07/05 (S) GREEN (CHAIR), SEEKINS, OLSON
05/07/05 (H) RECEDE MESSAGE
05/07/05 (H) CONFERENCE COMMITTEE APPOINTED
05/07/05 (H) SEATON, WEYHRAUCH, CRAWFORD
WITNESS REGISTER
No witnesses
ACTION NARRATIVE
SB 141-PUBLIC EMPLOYEE/TEACHER RETIREMENT/BOARDS
CHAIR LYDA GREEN called the meeting to order at 1:59:25 PM. All
members were present. She announced that members signed the
message to the presiding officers informing them that committee
members did not come to agreement. The letter also contained the
points that members agreed upon.
1:59:56 PM
CHAIR GREEN drew members' attention to four items that her staff
and Representative Seaton's staff identified as additional items
left open for future discussion:
Line 14(a), which was accidentally omitted yesterday
Line 18 - members' discussion went in two directions
yesterday, neither of which was 100 percent factually
correct.
Line 22 (a) - although members did discuss different links
of service of the retirement and benefit board members, the
staggered terms were not.
Line 39 - the Senate version had funding for the PERS/TRS
shortfall for one year for participating employers, which
was zeroed out in the House.
CHAIR GREEN informed members that a packet of fiscal notes was
distributed, which needs to move with the bill. She added, "As
we have other things subject to negotiation that affect the
fiscal notes, we probably should just leave those open and say
they are subject to the final free conference."
2:02:35 PM
REPRESENTATIVE WEYHRAUCH asked if members talked about staggered
terms - line 22 (a) - but not in the context of a specific line
item.
CHAIR GREEN said members talked about the different term lengths
in the House and Senate versions so line 22(a) is better left
open.
2:03:04 PM
SENATOR SEEKINS said at yesterday's meeting he was assuming that
a staggered term process was in place.
REPRESENTATIVE SEATON noted the only difference in the versions
is that the terms for the two PERS and TRS members and two
financial officers are specified in statute in the House
version.
2:03:45 PM
SENATOR SEEKINS moved that the conference committee accept the
corrected report dated May 8, 2005 prepared by the Senate
Finance Committee entitled, SB 141 Differences Between Senate
and House as the outline of the specific points of difference
between the two bodies.
REPRESENTATIVE WEYHRAUCH objected and stated, "One thing I'd
like to do is - and I will remove my objection - is since I just
got this this morning, between now and next time we meet just
look at that and if I see an issue that we didn't take care of,
I reserve the right to bring it in if there's something on here.
I'm sure the staff did a perfect job but - I'll remove my
objection."
REPRESENTATIVE SEATON objected and said, " I didn't get a chance
to mention that I think - I mean we're talking about fiscal note
number 9 at this point. I think we're talking about all of the
fiscal notes. I believe your fiscal note number 8 establishes
the 69.5 and ours was fiscal note number 9 that zeroed it out
but just to note, it would be 8 and 9."
SENATOR SEEKINS said he would be more amendable to saying the
two bodies disagree on the fiscal notes rather than addressing
dollar amounts.
REPRESENTATIVE SEATON removed his objection.
CHAIR GREEN thanked members for making great headway on the
agreed upon items and said it is time to go to the next level.
She announced that with no further objection, the motion
carried.
REPRESENTATIVE SEATON asked that the motion be clarified.
SENATOR SEEKINS stated, "[Uniform] Rule 42 provides that we are
to notify both of our houses with a report listing the specific
points of disagreement. This is the list of the specific points
of disagreement."
REPRESENTATIVE SEATON asked if submission of the list amounts to
a request for limited powers of free conference.
CHAIR GREEN said it would imply that committee members have gone
as far as they can go.
REPRESENTATIVE SEATON asked if, by submitting the letter,
committee members were informing both bodies of the list and
requesting limited powers.
CHAIR GREEN clarified that members are requesting free
conference committee powers.
The committee took an at-ease.
2:12:16 PM
CHAIR GREEN recessed to a call of the chair.
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