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SB 1572: Retirement [WPSC]

GENERAL BILL by Deutch ; (CO-INTRODUCERS) Baker ; Lynn

Retirement [WPSC]; Authorizes certain employees to purchase the retirement credit for past service at a 3-percent Special Risk Class accrual value. Provides for continued receipt of premium taxes by plans established pursuant to Firefighter Pensions law after the transfer, merger, or consolidation of governmental functions or the plan sponsor's election to participate in another state retirement system, etc.

Effective Date: 07/01/2009
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Governmental Oversight and Accountability
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/12/2009 Senate • Filed
    2/26/2009 Senate • Referred to Community Affairs; Governmental Oversight and Accountability; Policy & Steering Committee on Ways and Means
    3/3/2009 Senate • Introduced, referred to Community Affairs; Governmental Oversight and Accountability; Policy & Steering Committee on Ways and Means -SJ 00094
    3/5/2009 Senate • On Committee agenda-- Community Affairs, 03/10/09, 10:30 am, 412-K
    3/10/2009 Senate • Favorable with 1 amendment(s) by Community Affairs (750494); YEAS 7 NAYS 3 -SJ 00163
    3/11/2009 Senate • Pending reference review under Rule 4.7(2) - (Amendments)
    3/12/2009 Senate • Now in Governmental Oversight and Accountability -SJ 00163
    5/2/2009 Senate • Indefinitely postponed and withdrawn from consideration; Died in Committee on Governmental Oversight and Accountability

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  • SB 1572, Original Filed Version (Current Bill Version) Posted 3/3/2009 at 4:03 PM

    Bill Text:   Web Page | PDF
    Analyses:   Community Affairs (Post-Meeting) 3/8/2009 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 673 Retirement Domino Identical Last Action: 5/2/2009 H Indefinitely postponed and withdrawn from consideration; Died in Committee on Governmental Affairs Policy (EDCA)
    Location:
    S 2238 FRS/Special Risk Class [WPSC] Aronberg Compare Last Action: 5/2/2009 S Indefinitely postponed and withdrawn from consideration; Died in Committee on Community Affairs
    Location:

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    750494 - Amendment
    Community Affairs
    (Deutch)
    3/9/2009
    12:44 PM
    Favorable
    3/12/2009
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/10/2009 10:30 AM Community Affairs 7 Yeas - 3 Nays

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    121.0515 Special risk membership.
    175.041 Firefighters' Pension Trust Fund created; applicability of provisions.
    175.371 Transfer to another state retirement system; benefits payable.
    185.03 Municipal police officers' retirement trust funds; creation; applicability of provisions; participation by public safety officers.
    185.38 Transfer to another state retirement system; benefits payable.

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