BILL · 2007–08 SESSION

SB 6651: PERS/SERS/TRS 3

Providing for 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

  • The vesting requirement for the defined benefit portion of Plan 3 of the Public Employees', Teachers', and School Employees' Retirement Systems (PERS 3, TRS 3, and SERS 3) is reduced to five years of service.

From the Senate Bill Report (SB 6651), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 21, 2008
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Craig Pridemore (D-49)
Introduced
January 21, 2008 in the Senate
Last action
January 21, 2008
Requested by
Other
Companion bill
HB 3022
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

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Ways & Means.

SB 6651 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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