2005-05-19                     Senate Journal                      Page 1700
SB 141                                                                                            
Message dated May 17 was read, stating the House failed to adopt the                                
report of the Free Conference Committee considering CS FOR                                          
SENATE BILL NO. 141(FIN) and HOUSE CS FOR CS FOR                                                    
SENATE BILL NO. 141(FIN) am H, thus failing to adopt:                                               
                                                                                                    
     FREE CONFERENCE CS FOR SENATE BILL NO.                                                         
     141(Corrected) "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, 2006;                                      
     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."                                                              
                                                                                                    
President Stevens appointed a 2d Free Conference Committee to meet                                  
with a like committee from the House to consider the bills:                                         

2005-05-19                     Senate Journal                      Page 1701
     Senator Gary Stevens, Chair                                                                    
 Senator Ben Stevens                                                                                
 Senator Guess                                                                                      
                                                                                                    
The Secretary was requested to notify the House.