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CS/CS/SB 1128: Public Retirement Plans

GENERAL BILL by Budget ; Governmental Oversight and Accountability ; Ring ; (CO-INTRODUCERS) Lynn ; Flores

Public Retirement Plans; Provides for the calculation of local government retirement benefits after a certain date. Requires the Department of Management Services to provide a fact sheet on each local plan. Deletes a limitation on the justification for approving an increase in member contributions. Provides a prohibition on the use of certain compensation for calculating retirement benefits. Directs the Department of Financial Services to develop a plan for rating the financial strength of local government defined benefit plans, etc.

Effective Date: 7/1/2011
Last Action: 6/24/2011 - Chapter No. 2011-216
Location: Became Law
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Budget (BC)



Bill History

Date Chamber Action
2/15/2011 Senate • Filed
2/17/2011 Senate • Referred to Governmental Oversight and Accountability; Budget -SJ 84
2/21/2011 Senate • On Committee agenda-- Governmental Oversight and Accountability, 02/22/11, 3:15 pm, 412 Knott Building --Discussed/Workshop
2/23/2011 Senate • On Committee agenda-- Governmental Oversight and Accountability, 02/24/11, 3:30 pm, 412 Knott Building --Not Considered
3/8/2011 Senate • Introduced -SJ 84
3/14/2011 Senate • On Committee agenda-- Governmental Oversight and Accountability, 03/17/11, 3:30 pm, 412 Knott Building
3/17/2011 Senate • CS by Governmental Oversight and Accountability; YEAS 10 NAYS 2 -SJ 236
3/21/2011 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
3/22/2011 Senate • Now in Budget -SJ 236
• CS by Governmental Oversight and Accountability read 1st time -SJ 257
4/8/2011 Senate • On Committee agenda-- Budget, 04/13/11, 1:30 pm, 412 Knott Building --Not Considered
4/11/2011 Senate • On Committee agenda-- Budget, 04/14/11, 1:30 pm, 412 Knott Building
4/14/2011 Senate • CS/CS by- Budget; YEAS 17 NAYS 2 -SJ 471
4/18/2011 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
4/20/2011 Senate • Placed on Calendar, on 2nd reading -SJ 471
4/26/2011 Senate • CS/CS by Budget read 1st time -SJ 481
4/29/2011 Senate • Placed on Special Order Calendar, 05/02/11 -SJ 614
5/2/2011 Senate • Read 2nd time -SJ 651
• Amendment(s) adopted (905716) -SJ 651
• Read 3rd time -SJ 655
• CS passed as amended; YEAS 33 NAYS 4 -SJ 655
5/2/2011 House • In Messages
• Referred to Calendar -HJ 1013
• Placed on Special Order Calendar, 05/03/11
• Received -HJ 1013
5/3/2011 House • Read 2nd time -HJ 1064
• Placed on 3rd reading
5/4/2011 House • Read 3rd time -HJ 1119
• Amendment(s) failed (313805) -HJ 1119
• CS passed; YEAS 80 NAYS 35 -HJ 1120
5/4/2011 Senate • Ordered enrolled -SJ 851
6/8/2011 • Signed by Officers and presented to Governor
6/23/2011 • Approved by Governor
6/24/2011 • Chapter No. 2011-216