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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
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Budget (BC)

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  • Bill History

  • CS/CS/SB 1128, Enrolled (Current Bill Version) Posted 5/4/2011 at 1:02 PM

  • CS/CS/SB 1128, Engrossed 1 Posted 5/2/2011 at 1:14 PM

  • CS/CS/SB 1128, Committee Substitute 2 Posted 4/18/2011 at 3:31 PM

  • CS/SB 1128, Committee Substitute 1 Posted 3/21/2011 at 2:58 PM

  • SB 1128, Original Filed Version Posted 2/15/2011 at 7:18 PM