Legislature(2005 - 2006)

2005-09-15 Senate Journal

Full Journal pdf

2005-09-15                     Senate Journal                      Page 1804
SB 141                                                                                            
Message dated July 27 and received July 28, stating the Governor                                    
signed the following bill and transmitted the engrossed and enrolled                                
copies to the Lieutenant Governor's Office for permanent filing:                                    
                                                                                                    
FREE CONFERENCE CS FOR SENATE BILL NO. 141(2d FCC)                                                  
"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, 2006;                                
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."                                                         
                                                                                                    
                                Chapter 9, FSSLA 2005                                              
                             Effective Date: See Chapter