Legislature(2005 - 2006)
2005-05-19 Senate Journal
Full Journal pdf2005-05-19 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.