Legislature(2005 - 2006)

2005-05-09 Senate Journal

Full Journal pdf

2005-05-09                     Senate Journal                      Page 1510
SB 141                                                                                            
Report dated May 9 was received stating,                                                            
                                                                                                    
Mr. President and Mr. Speaker:                                                                      
                                                                                                    
The Conference Committee considering CS FOR SENATE BILL NO.                                         
141(FIN) and HOUSE CS FOR CS FOR SENATE BILL NO.                                                    
141(FIN) am H met on May 9, 2005.                                                                   
                                                                                                    
The Conference Committee considered sections 35-50, sections 132-                                   
133, AS 14.25.315 in section 32, and AS 39.35.705 in section 120, and                               
did not come to agreement.                                                                        

2005-05-09                     Senate Journal                      Page 1511
The Conference Committee respectfully requests that a Free                                          
Conference Committee be appointed.                                                                  
                                                                                                    
The report was signed by: Senator Green, Chair, Senators Seekins,                                   
Olson; Representatives Seaton, Weyhrauch, Crawford.                                                 
                                                                                                    
President Stevens discharged the Conference Committee with limited                                  
powers of free conference on 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 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                                                                                                 
                                                                                                    
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;                               

2005-05-09                     Senate Journal                      Page 1512
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" with limited powers of free                              
conference.                                                                                         
                                                                                                    
President Stevens appointed the following members to a free                                         
conference committee to meet with a like committee from the House:                                  
                                                                                                    
 Senator Stedman, Chair                                                                             
 Senator Wilken                                                                                     
 Senator Elton