SB 1068: Deferred Compensation Plans for Public Employees
GENERAL BILL by Rodriguez
Deferred Compensation Plans for Public Employees; Citing this act as the "Deferred Compensation Automatic Enrollment Act'; authorizing the inclusion of an automatic enrollment arrangement in a government employee’s deferred compensation plan; requiring that the automatic enrollment arrangement be established with a default contribution rate; requiring that the automatic enrollment arrangement provide employees the ability to make certain elections regarding contributions; authorizing counties, municipalities, political subdivisions, and constitutional county officers to adopt automatic enrollment arrangements for specified deferred compensation programs, etc.
-
Bill History
Date Chamber Action 2/24/2025 Senate • Filed
-
SB 1068, Original Filed Version (Current Bill Version) Posted 2/24/2025 at 3:39 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 985 Deferred Compensation Plans for Public Employees Porras Similar Last Action: 2/24/2025 H Filed 
Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 110.114 Employee wage deductions. Page 3 (pdf) 112.171 Employee wage deductions. Page 4 (pdf) 112.215 Government employees; deferred compensation program. Page 2 (pdf)