BILL · 2005–06 SESSION
HB 1043: Public pension gain-sharing
Adjusting public pension gain-sharing increase amounts.
Summary
- Conditions gain-sharing distributions in the Public Employees' Retirement System, the Teachers' Retirement System, and the School Employees' Retirement System Plans 1 and 3 after January 1, 2005, on authorization by the Legislature.
- Specifies that the cost of benefit increases from gain-sharing distributions is included in the next actuarial valuation after the effective date of the increase, and is not subject to the temporary supplemental contribution rate process.
From the House Bill Analysis (HB 1043), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 11, 2005
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Helen Sommers (D-36)
- Introduced
- January 11, 2005 in the House
- Last action
- January 9, 2006
- Requested by
- State agency
- Budget
- Has a fiscal note
AN ACT Relating to public pension gain-sharing increase amounts;
Sponsors
Prime sponsor: Helen Sommers (D-36)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Appropriations.
HB 1043 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 1043 (2025–26) Commute trip reduction
- HB 1043 (2023–24) Records/comm. associations
- HB 1043 (2021–22) Audiology & speech compact
- HB 1043 (2019–20) Uniformed personnel arbitrat
- HB 1043 (2017–18) Personal health information
- HB 1043 (2015–16) Self-service storage
- HB 1043 (2013–14) Differential tuition
- HB 1043 (2011–12) Social workers