Retirement (7)

Date of Last Recorded Action: 5/7/2024

HB 0196 NeutralPublic Retirement Systems - Board Member Training Tommy Benton
7/1/2019 Effective Date Retirement Retirement -
2019/03/01 Report 2019/03/08 Report 2019/03/22 Report General County Government Larry Ramsey
This bill would require specific minimum training for board members of public retirement systems. 
HB 0245 NeutralAllow Surviving Spouse to Retain Peace Officer Annuity Fund (POAB) if Remarried Debbie Buckner
7/1/2020 Effective Date Retirement Retirement -
Debra Nesbit Public Safety and Courts Retirement
Currently surviving spouses who receive POAB benefits from a deceased spouse must relinquish all benefits when remarried.  This legislation provides for the retention of benefits for surviving spouses without regard to their future marital status.
HB 0298 NeutralPublic Retirement Systems - Payments to Beneficiaries Convicted of Certain Crimes Tommy Benton
2/26/2019 House Withdrawn, Recommitted Retirement --
2019/02/15 Report General County Government Larry Ramsey Retirement
Under current law, the benefits of public employees employed in 1985 or later may be reduced if he/she is convicted of certain public crimes (such as fraud) to reimburse the defrauded party. All benefit payments are completely withheld until that debt is fully reimbursed. Under this bill, retirement plans would have the option of withholding a percentage of monthly benefits until that debt is fully repaid.
HB 0593 NeutralTax Commissioners Retirement Fund Tommy Benton
3/12/2020 House Third Reading Lost Retirement --
General County Government Larry Ramsey Retirement
This bill would create a state retirement fund for Tax Commissioners. It would be funded by contributions from the tax commissioners individually, plus a $3 fee on delinquent tax bills. This retirement fund would be in addition to any other retirement fund in which a tax commissioner participates.
HB 0830 NeutralPublic Retirement Systems - Permissible Investments Tommy Benton
3/4/2020 Senate Read and Referred Retirement Retirement -
General County Government Larry Ramsey Retirement
This bill would increase, from 5% to 10%, the amount of assets that may be invested in certain alternative investments for large public retirement plans.
HR 1269 EvaluatingCreate House Study Committee on Local Law Enforcement Retirement Kevin Tanner
3/9/2020 House Committee Favorably Reported By Substitute Public Safety and Homeland Security --
Debra Nesbit General County Government Law Enforcement Public Safety and Courts Retirement
This legislation creates a study committee to access local law enforcement retirement.
SB 0117 NeutralPublic Retirement Systems - Require Payment of Full Actuarial Cost of Creditable Service Benefits Ellis Black
2/3/2020 Senate Agreed House Amend or Sub As Amended Retirement Retirement -
2019/03/08 Report General County Government Larry Ramsey Retirement
This bill would prohibit the adoption of any retirement system rule or ordinance that provides for any creditable service unless the participant pays the full actuarial cost of providing that benefit.
Green background on status indicates a bill has been acted on the last recorded legislative day.

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