2006-03-17                     House Journal                      Page 2791
HB 475                                                                                            
The State Affairs Committee has considered:                                                         
                                                                                                    
    HOUSE BILL NO. 475                                                                              
    "An Act describing contributions to the health reimbursement                                    
    arrangement plan for certain teachers and public employees;                                     

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    clarifying eligibility for membership in that health reimbursement                              
    arrangement plan; relating to the 'administrator' of the Public                                 
    Employees' Retirement System of Alaska; and providing for an                                    
    effective date."                                                                                
                                                                                                    
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    
                                                                                                    
    CS FOR HOUSE BILL NO. 475(STA)                                                                  
    "An Act relating to the supplemental employee benefit program;                                  
    relating to teachers' and public employees' defined benefit                                     
    retirement plans; relating to teachers' and public employees'                                   
    defined contribution retirement plans; relating to the health                                   
    reimbursement arrangement plan for certain teachers and public                                  
    employees; clarifying eligibility for membership in the health                                  
    reimbursement arrangement plan; relating to waiver of                                           
    adjustments under the teachers' defined benefit retirement plan                                 
    and the public employees' defined benefit retirement plan; relating                             
    to the administrator of the Public Employees' Retirement System                                 
    of Alaska; relating to employer contributions for occupational                                  
    disability and death benefits; repealing participation in the                                   
    teachers' defined contribution and defined benefit retirement plans                             
    by certain employees of the National Education Association of                                   
    Alaska; relating to requirements for employer minimum                                           
    contributions to the teachers' and the public employees' defined                                
    benefit retirement systems; relating to the public employees'                                   
    defined benefit deferred compensation program; and providing for                                
    an effective date."                                                                             
                                                                                                    
                                                                                                    
The report was signed by Representative Seaton, Chair, with the                                     
following individual recommendations:                                                               
                                                                                                    
Do pass (1):  Seaton                                                                                
                                                                                                    
No recommendation (3):  Gatto, Elkins, Ramras                                                       
                                                                                                    
Amend (3):  Gardner, Lynn, Gruenberg                                                                
                                                                                                    

2006-03-17                     House Journal                      Page 2793
The following fiscal note(s) apply to CSHB 475(STA):                                                
                                                                                                    
1.  Zero, Dept. of Administration                                                                   
                                                                                                    
HB 475 was referred to the Finance Committee.