Legislature(2005 - 2006)

2005-05-23 House Journal

Full Journal pdf

2005-05-23                     House Journal                      Page 2094
SB 141                                                                                            
Representative Coghill moved and asked unanimous consent that the                                   
House consider the 2d Free Conference Committee report (page 2076)                                  
on the following, which is under Unfinished Business:                                               
                                                                                                    

2005-05-23                     House Journal                      Page 2095
           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."                                                               
                                                                                                    
and                                                                                                 
                                                                                                    
    CS FOR SENATE BILL NO. 141(FIN)                                                                 
    (same title)                                                                                    
                                                                                                    
There being no objection, it was so ordered.                                                        
                                                                                                    
Representative Berkowitz moved the effective date clause in Sec. 148                                
of FCCS SB 141(2d FCC).                                                                             
                                                                                                    
**The presence of Representatives McGuire and Anderson was noted.                                   
                                                                                                    
The Speaker stated that, without objection, the House would recess to                               
a call of the Chair; and so, the House recessed at 5:54 p.m.