2000-03-01                     House Journal                      Page 2354
HB 335                                                                       
The Finance Committee has considered:                                          
                                                                               
HOUSE BILL NO. 335                                                            
"An Act relating to information contained in retirement system                
records; relating to retirement boards; relating to procedures and             
hearings under state retirement systems; relating to benefits for              
reemployed retired members of retirement systems; relating to                  
eligibility for normal retirement for members of the teachers'                 
retirement system who have Alaska BIA credited service; relating               
to disability benefits for members of state retirement systems;                
relating to deduction of premiums from retirement benefits;                    
relating to protection of, and assignment and transfer of, amounts             
held in retirement systems; relating to retirement benefits for                
certain employees earning high salaries; relating to qualified                 
domestic relations orders in state retirement systems; relating to             
the definition of 'retirement fund' in the teachers' retirement                
system; relating to membership of state employees in the teachers'             
retirement system; relating to refund of contributions made to the             
judicial retirement system or to the former elected public officers            
retirement  system and  repayment of  refunded  contributions in               
                                                                               

2000-03-01                     House Journal                      Page 2355
HB 335                                                                       
those systems; relating to self-insurance and excess loss insurance           
for persons receiving benefits from a state retirement system;                 
relating to participation of elected officials in the public                   
employees' retirement system; relating to reinstatement of credited            
service in the public employees' retirement system after a refund              
because of certain levies; relating to the level income option                 
benefit under the public employees' retirement system; relating to             
participation of employees of political subdivisions and public                
organizations in the public employees' retirement system; relating             
to penalties for attempts to defraud the public employees'                     
retirement system; relating to the definition of 'pension fund' in the         
public employees' retirement system; relating to calculation of                
years of service and of benefits under the public employees'                   
retirement system for noncertificated employees of certain                     
educational employers; and relating to individual accounts                     
maintained for members of the former elected public officers                   
retirement system."                                                            
                                                                               
                                                                               
and recommends it be replaced with:                                            
                                                                               
CS FOR HOUSE BILL NO. 335(FIN)                                                
"An Act relating to information contained in retirement system                
records; relating to retirement boards; relating to procedures and             
hearings under state retirement systems; relating to benefits for              
reemployed retired members of retirement systems; relating to                  
eligibility for normal retirement for members of the teachers'                 
retirement system who have Alaska BIA credited service; relating               
to disability benefits for members of state retirement systems;                
relating to deduction of premiums from retirement benefits;                    
relating to protection of, and assignment and transfer of, amounts             
held in retirement systems; relating to retirement benefits for                
certain employees earning high salaries; relating to qualified                 
domestic relations orders in state retirement systems; relating to             
the definition of 'retirement fund' in the teachers' retirement                
system; relating to membership of state employees in the teachers'             
retirement system; relating to refund of contributions made to the             
judicial retirement system or to the former elected public officers            
retirement system and repayment of refunded contributions in                   
those systems; relating to self-insurance and excess loss insurance            
for  persons  receiving  benefits  from  a  state  retirement system;          

2000-03-01                     House Journal                      Page 2356
HB 335                                                                       
relating to participation of elected officials in the public                  
employees' retirement system; relating to the level income option              
benefit under the public employees' retirement system; relating to             
participation of employees of political subdivisions and public                
organizations in the public employees' retirement system; relating             
to crimes for defrauding a state retirement system; relating to the            
definition of 'pension fund' in the public employees' retirement               
system; relating to calculation of years of service and of benefits            
under the public employees' retirement system for noncertificated              
employees of certain educational employers; and relating to                    
individual accounts maintained for members of the former elected               
public officers retirement system."                                            
                                                                               
                                                                               
The report was signed by Representative Therriault, Co-chair, with the         
following individual recommendations:                                          
                                                                               
Do pass (3):  Foster, Grussendorf, Phillips                                    
                                                                               
No recommendation (5):  Therriault, Bunde, Davies, Davis, Moses                
                                                                               
The following fiscal note applies to CSHB 335(FIN):                            
                                                                               
Fiscal note, Dept. of Administration, 2/23/00                                  
                                                                               
HB 335 was referred to the Rules Committee for placement on the                
calendar.