2005-05-09                     Senate Journal                      Page 1493
SB 141                                                                                            
Message dated May 8 was read, stating the Speaker granted limited                                   
powers of free conference to the House conferees 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                                    

2005-05-09                     Senate Journal                      Page 1494
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) on the requested specific points.