2007-05-12                     House Journal                      Page 1294
SB 125                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
    CS FOR SENATE BILL NO. 125(FIN)                                                                                             
    "An Act relating to the accounting and payment of contributions                                                             
    under the retirement plans of the Public Employees' Retirement                                                              
    System of Alaska and the Teachers' Retirement System, to                                                                    
    calculations of contributions under those retirement plans, and to                                                          
    participation in, and termination of and amendments to                                                                      
    participation in, the defined benefit plans of those systems;                                                               
    relating to employer contributions to the health reimbursement                                                              
    arrangement plan; making conforming amendments; and                                                                         
    providing for an effective date."                                                                                           
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                

2007-05-12                     House Journal                      Page 1295
    HOUSE CS FOR CS FOR SENATE BILL NO. 125(FIN)                                                                                
    "An Act relating to the accounting and payment of contributions                                                             
    under the retirement plans of the Public Employees' Retirement                                                              
    System of Alaska and the Teachers' Retirement System, to                                                                    
    calculations of contributions under those retirement plans, and to                                                          
    participation in, and termination of and amendments to                                                                      
    participation in, the defined benefit plans of those systems;                                                               
    relating to recovery of an award of damages or other recovery by                                                            
    those systems; relating to employer contributions to the health                                                             
    reimbursement arrangement plan; relating to participation in the                                                            
    public employees' defined contribution plan by certain elected                                                              
    officials; making conforming amendments; and providing for an                                                               
    effective date."                                                                                                            
                                                                                                                                
    (HCR 11 - title change resolution)                                                                                          
                                                                                                                                
The report was signed by Representatives Meyer and Chenault, Co-                                                                
chairs, with the following individual recommendations:                                                                          
                                                                                                                                
Do pass (9):  Foster, Thomas, Nelson, Stoltze, Joule, Gara, Hawker,                                                             
Meyer, Chenault                                                                                                                 
                                                                                                                                
The following fiscal note(s) apply to HCS CSSB 125(FIN):                                                                        
                                                                                                                                
2.  Fiscal, Dept. of Administration                                                                                             
                                                                                                                                
CSSB 125(FIN) is on today's calendar.