2005-05-07                     Senate Journal                      Page 1425
SB 141                                                                                            
Message dated May 7 was read, stating the House passed CS FOR                                       
SENATE BILL NO. 141(FIN) "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                     
                                                                                                    
                                                                                                    

2005-05-07                     Senate Journal                      Page 1426
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" with the following amendments:                                     
                                                                                                    
                   HOUSE CS FOR CS FOR SENATE BILL NO. 141(FIN)                                    
      am H                                                                                          
                                                                                                    
Senator Gary Stevens moved that the Senate concur in the House                                      
amendments and recommended the body vote no.                                                        
                                                                                                    
The question being: "Shall the Senate concur in the House                                           
amendments?" The roll was taken with the following result:                                          
                                                                                                    
HCS CSSB 141(FIN) am H                                                                              
Shall the Senate Concur in the House amendments                                                     
to CSSB 141(FIN)?               Effective Dates                                                     
                                                                                                    
YEAS:  7   NAYS:  12   EXCUSED:  1   ABSENT:  0                                                   
                                                                                                    
Yeas:  Davis, Ellis, Elton, French, Guess, Kookesh, Olson                                           
                                                                                                    
Nays:  Cowdery, Dyson, Green, Hoffman, Huggins, Seekins, Stedman,                                   
Stevens B, Stevens G, Therriault, Wagoner, Wilken                                                   
                                                                                                    
Excused:  Bunde                                                                                     
                                                                                                    
and so, the Senate failed to concur.                                                                
                                                                                                    
The Secretary was requested to notify the House of the Senate's action                              
and request the House to recede from its amendments. In the event the                               
House fails to recede, the President appointed a Conference                                         
Committee to meet with a like committee from the House to consider                                  
the bills:                                                                                          
                                                                                                    
      Senator Green, Chair                                                                          
      Senator Seekins                                                                               
      Senator Olson