SB 6450: Vesting after 5 years
Allowing vesting after five years of service in the defined benefit portion of the public employees' retirement system, the school employees' retirement system, and the teachers' retirement system plan 3.
Summary
- Members of PERS, TRS, and SERS Plans 3 vest after five years of service.
From the Senate Bill Report (SB 6450), written by the Legislature's nonpartisan staff. Read the full report ↗
- IntroducedJan 12, 2006
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Craig Pridemore (D-49)
- Introduced
- January 12, 2006 in the Senate
- Last action
- January 12, 2006
- Requested by
- Other
- Companion bill
- HB 2684
- Budget
- Has a fiscal note
AN ACT Relating to vesting after five years of service in the defined benefit portion of the public employees' retirement system, the school employees' retirement system, and the teachers' retirement system plan 3;
Sponsors
Prime sponsor: Craig Pridemore (D-49)
4 co-sponsors (3 Democrats, 1 Republican)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Ways & Means.
SB 6450 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
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- SB 6450 (2011–12) Qualified energy resources
- SB 6450 (2009–10) Court reporters
- SB 6450 (2007–08) Performance audit costs
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