2012-02-01                     Senate Journal                      Page 1364
SB 187                                                                                                                        
SENATE BILL NO. 187 BY THE SENATE FINANCE                                                                                       
COMMITTEE, entitled:                                                                                                            
                                                                                                                                
           "An Act creating the pension reserve fund; changing                                                                  
           the manner in which employer contributions to the                                                                    
           Public Employees' Retirement System of Alaska are                                                                    
           calculated; repealing a requirement that the state                                                                   
           make certain contributions, in addition to employer                                                                  
           contributions, to pay the past service liabilities of the                                                            
           Public Employees' Retirement System of Alaska;                                                                       
           preventing certain transfers to the Public Employees'                                                                
           Retirement System of Alaska from causing                                                                             
           reductions in damage awards for wrongful or                                                                          
           negligent conduct of third parties; adding to the                                                                    
           duties of the Alaska Retirement Management Board;                                                                    
           and providing for an effective date."                                                                                
                                                                                                                                
was read the first time and referred to the Finance Committee.