Legislature(2021 - 2022)

2022-05-15 House Journal

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2022-05-15                     House Journal                      Page 2897
HB 220                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
     HOUSE BILL NO. 220                                                                                                         
     "An Act relating to the Public Employees' Retirement System of                                                             
     Alaska and the teachers' retirement system; providing certain                                                              
     employees an opportunity to choose between the defined benefit                                                             
     and defined contribution plans of the Public Employees'                                                                    
     Retirement System of Alaska and the teachers' retirement system;                                                           
     and providing for an effective date."                                                                                      
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
     CS FOR HOUSE BILL NO. 220(FIN)                                                                                             
     (same title)                                                                                                               
                                                                                                                                
The report was signed by Representatives Merrick and Foster, Co-                                                                
chairs, with the following individual recommendations:                                                                          
                                                                                                                                
Do pass (4): Ortiz, Wool, Josephson, Foster                                                                                     
                                                                                                                                
No recommendation (3):  LeBon, Rasmussen, Merrick                                                                               
                                                                                                                                
The following fiscal note(s) apply to CSHB 220(FIN):                                                                            
                                                                                                                                
3.  Fiscal, Dept. of Administration/Retirement Payments                                                                         
                                                                                                                                
HB 220 was referred to the Rules Committee.