Legislature(2015 - 2016)
2015-01-21 House JournalFull Journal pdf
2015-01-21 House Journal Page 0044 HB 47 (Prefile released January 9, 2015) HOUSE BILL NO. 47 by Representatives FOSTER and Kito, entitled: "An Act requiring each municipality with a population that decreased by more than 25 percent between 2000 and 2010 that participates in the defined benefit retirement plan of the Public Employees' Retirement System of Alaska to contribute to the system an amount calculated by applying a rate of 22 percent of the total of all base salaries paid by the municipality to employees of the municipality who are active members of the system during a payroll period; reducing the rate of interest payable by a municipality with a population that decreased by more than 25 percent between 2000 and 2010 that is delinquent in transmitting employee and employer contributions to the defined benefit retirement plan of the Public Employees' Retirement System of Alaska; giving retrospective effect to the substantive provisions of the Act; and providing for an effective date." was read the first time and referred to the Community & Regional Affairs and Labor & Commerce Committees.