2005-05-09                     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.