BILL · 2009–10 SESSION

SB 6046: Closed retirement plans

Preserving the fully funded status of certain closed plans within the state retirement systems.

Summary

  • Directs the state actuary, in actuarial valuation reports for certain retirement system plans, to report the funded status of each plan on market value basis, using the ratio of the market value of assets to the market value of liabilities.

From the Bill Digest (SB 6046), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 18, 2009
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Joseph Zarelli (R-18)
Introduced
February 18, 2009 in the Senate
Last action
March 15, 2010
Budget
Has a fiscal note

AN ACT Relating to preserving the fully funded status of certain closed plans within the state retirement systems;

Sponsors

Prime sponsor: Joseph Zarelli (R-18)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Ways & Means.

SB 6046 in other sessions

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

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