| HB 0196 |
Neutral | Public Retirement Systems - Board Member Training |
Tommy Benton |
|---|
|
7/1/2019 |
Effective Date |
Retirement |
Retirement |
- |
|
|
| This bill would require specific minimum training for board members of public retirement systems. |
| HB 0245 |
Neutral | Allow Surviving Spouse to Retain Peace Officer Annuity Fund (POAB) if Remarried |
Debbie Buckner |
|---|
|
7/1/2020 |
Effective Date |
Retirement |
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 |
Neutral | Public Retirement Systems - Payments to Beneficiaries Convicted of Certain Crimes |
Tommy Benton |
|---|
|
2/26/2019 |
House Withdrawn, Recommitted |
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 |
Neutral | Tax Commissioners Retirement Fund |
Tommy Benton |
|---|
|
3/12/2020 |
House Third Reading Lost |
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 |
Neutral | Public Retirement Systems - Permissible Investments |
Tommy Benton |
|---|
|
3/4/2020 |
Senate Read and Referred |
Retirement |
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 |
Evaluating | Create House Study Committee on Local Law Enforcement Retirement |
Kevin Tanner |
|---|
|
3/9/2020 |
House Committee Favorably Reported By Substitute |
Public Safety and Homeland Security |
- | - |
|
|
| This legislation creates a study committee to access local law enforcement retirement. |
| SB 0117 |
Neutral | Public 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 |
- |
|
|
| 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. |
