04/20/1993 08:00 AM House STA

  Number 238                                                                   
                                                                               
  REPRESENTATIVE ULMER noted the end of the agenda, but asked                  
  the committee Chairman to consider waiving either HB 36 or                   
  HB 215 from committee so it might be considered on the House                 
  floor.                                                                       
                                                                               
  Number 253                                                                   
                                                                               
  CHAIRMAN VEZEY said he appreciated the Representative's                      
  concern with getting the bill out, but said he and other                     
  committee members simply had not enough time to collect the                  
  entire cost figures for a Retirement Incentive Program.  He                  
  stated he felt HB 215 carried a large fiscal note, and until                 
  the total cost could be determined, he did not wish to move                  
  it or HB 36.                                                                 
                                                                               
  Number 265                                                                   
                                                                               
  REPRESENTATIVE ULMER stated she felt both bills did not                      
  create a financial burden, and that the costs to the state                   
  were benign.                                                                 
                                                                               
  CHAIRMAN VEZEY stated it appeared to create an unfunded                      
  obligation to the state pension fund, which would make the                   
  costs to employers so high they would not be willing to                      
  participate in such a program.                                               
  Number 276                                                                   
                                                                               
  REPRESENTATIVE ULMER stated she felt school districts                        
  covered under HB 215 would be willing to participate in the                  
  program.                                                                     
                                                                               
  ADJOURNMENT                                                                  
                                                                               
  Number 293                                                                   
                                                                               
  CHAIRMAN VEZEY stated that any shortfall created under a RIP                 
  (Retirement Incentive Program) would eventually cost general                 
  fund monies, and therefore should be looked at more closely.                 
  With that, he adjourned the last scheduled House State                       
  Affairs Committee meeting for the First Session of the 18th                  
  Alaska State Legislature at 9:55 a.m.