2006-05-05                     Senate Journal                      Page 3199
HB 475                                                                                            
The Community and Regional Affairs Committee considered CS FOR                                      
HOUSE BILL NO. 475(FIN) am "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 that apply to                                      
employees first hired after June 30, 2007; 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                                   

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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;                                
providing for an effective date by amending sec. 148, ch. 9, FSSLA                                  
2005, which contains an effective date; and providing for an effective                              
date" and recommended it be replaced with                                                           
                                                                                                    
  SENATE CS FOR CS FOR HOUSE BILL NO. 475(CRA) "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." (Title change SCR forthcoming)                                            
                                                                                                    
Signing do pass: Senator Stedman, Chair; Senators Wagoner, Gary                                     
Stevens. Signing amend: Senator Ellis.                                                              
                                                                                                    
The following fiscal information was published today:                                               
 Fiscal Note No. 3, zero, Department of Administration                                              

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The bill was referred to the State Affairs Committee.