BILL · 2011–12 SESSION

SB 5163: Teachers' retirement system

Providing a partial lump sum benefit payment option for certain survivors of active members of the teachers' retirement system plan 1.

Summary

  • The survivor of a member of TRS 1 who dies prior to retirement may choose to receive both a refund of part of the member's accumulated contributions and a reduced monthly retirement allowance. In order to qualify for this option, the member must have been eligible to retire at the time of death, and the survivor must be eligible to receive a survivor pension from the plan.

From the Senate Bill Report (SB 5163), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 17, 2011
  2. Out of committeeFeb 25, 2011
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Steve Hobbs (D-44)
Introduced
January 17, 2011 in the Senate
Last action
April 11, 2012
Requested by
Other
Companion bill
HB 1261
Budget
Has a fiscal note

AN ACT Relating to providing a partial lump sum benefit payment option for certain survivors of active members of the teachers' retirement system plan 1;

Sponsors

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. Senate Rules "X" file.
  7. WM - Majority; do pass.
  8. Passed to Rules Committee for second reading.
  9. First reading, referred to Ways & Means.

SB 5163 in other sessions

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

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