HB 7179: Local Government Pension Reform
GENERAL BILL by State Affairs Committee ; Caldwell
Local Government Pension Reform; Revises legislative declaration regarding firefighter pension plans; provides new definitions; revises provisions related to firefighters' pension trust fund; revises provisions relating to municipalities & special fire control districts that have their own pension plans; revises criteria governing benefits to be funded from premium tax revenues and uses thereof; requires plan sponsors to have defined contribution plan in place by certain date; authorizes municipality to make changes to local law plan under certain circumstances; revises legislative declaration police officer pension plans; creates new definitions; revises provisions regarding police officers' retirement trust fund; deletes provision basing additional benefits in police officer pension plan upon state funding; revises calculation of monthly retirement income for police officer; revises provisions regarding certain police officer pension plans; revises provisions relating to municipalities that have their own pension plans for police officers & want to participate in distribution of excise tax fund; revises criteria governing use of revenues from premium tax; revises provisions regarding excess benefits under certain circumstances; requires plan sponsors to have defined contribution plan in place by certain date; revises authorities that municipality has to implement certain changes to local law plan; provides declaration of important state interest.
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Bill History
Date Chamber Action 4/17/2014 House • Filed
• Introduced -HJ 548
5/2/2014 House • Died, reference deferred
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HB 7179, Original Filed Version (Current Bill Version) Posted 4/17/2014 at 1:08 PM
Bill Text: PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 246 (e1) Local Government Pension Reform Ring, Bradley Similar Last Action: 5/2/2014 H Died in Messages
Location: In messages from Senate
H 509 Local Government Pension Reform Caldwell Compare Last Action: 5/2/2014 H Died in Government Operations Subcommittee
Location: In committee/council (GVOPS)
H 7181 (e2) Public Retirement Plans State Affairs Committee Compare Last Action: 5/2/2014 S Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
Location: On 2nd Reading Calendar
Citations - Statutes (12)
Citation Catchline Location in Bill Location In Bill Help 175.021 Legislative declaration. Page 3 (pdf) 175.032 Definitions. Page 4 (pdf) 175.071 General powers and duties of board of trustees. Page 15 (pdf) 175.091 Creation and maintenance of fund. Page 15 (pdf) 175.162 Requirements for retirement. Page 16 (pdf) 175.351 Municipalities and special fire control districts having their own pension plans for firefighters. Page 18 (pdf) 185.01 Legislative declaration. Page 25 (pdf) 185.02 Definitions. Page 26 (pdf) 185.06 General powers and duties of board of trustees. Page 35 (pdf) 185.07 Creation and maintenance of fund. Page 36 (pdf) 185.16 Requirements for retirement. Page 37 (pdf) 185.35 Municipalities having their own pension plans for police officers. Page 38 (pdf)