BILL · 2011–12 SESSION

SB 5908: Public employee pensions

Addressing public employee pension reform.

Summary

  • The Public Employees Savings Plan (PESP) is created as a new defined contribution plan to replace PERS, TRS, SERS, PSERS Plans 2 and PERS, TRS, and SERS Plans 3 for all employees first hired in an eligible position on or after January 1, 2013.

From the Senate Bill Report (Orig.) (SB 5908), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedMar 25, 2011
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Joseph Zarelli (R-18)
Introduced
March 25, 2011 in the Senate
Last action
April 11, 2012
Budget
Has a fiscal note

AN ACT Relating to public employee pension reform;

Sponsors

Prime sponsor: Joseph Zarelli (R-18)

3 co-sponsors (0 Democrats, 3 Republicans)

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. 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. First reading, referred to Ways & Means.

SB 5908 in other sessions

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

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