BILL · 2013–14 SESSION

SB 6321: PERS, SERS, TRS contrib rate

Removing the statutory provision that allows members of plan 3 of the public employees' retirement system, school employees' retirement system, and teachers' retirement system to select a new contribution rate option each year.

Summary

  • Removes the option of Plan 3 members of the Public Employees' Retirement System (PERS), the Teachers' Retirement System (TRS), and the School Employees' Retirement System (SERS) to select a new contribution rate option each year for their individual defined contribution accounts.

From the House Bill Report (SB 6321), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 95, Laws of 2014
  1. IntroducedJan 21, 2014
  2. Out of committeeFeb 3, 2014
  3. Passed SenateFeb 13, 2014
  4. Passed HouseMar 7, 2014
  5. GovernorMar 27, 2014
  6. LawMar 27, 2014
Prime sponsor
Barbara Bailey (R-10)
Introduced
January 21, 2014 in the Senate
Last action
March 27, 2014
Session law
Chapter 95, Laws of 2014
Requested by
Other
Companion bill
HB 2408
Budget
Has a fiscal note

AN ACT Relating to removing the statutory provision that allows members of plan 3 of the public employees' retirement system, school employees' retirement system, and teachers' retirement system to select a new contribution rate option each year;

Sponsors

Prime sponsor: Barbara Bailey (R-10)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 13, 2014
Version voted on: SB 6321
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat25000
Republican24000
How each member voted

House · Final Passage

Passed March 7, 2014
Version voted on: SB 6321
95 Yea 3 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat52300
Republican43000
How each member voted

Yea (95)

History

  1. Effective date 6/12/2014.
  2. Chapter 95, 2014 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 95; nays, 3; absent, 0; excused, 0.
  8. Rules suspended. Placed on Third Reading.
  9. Rules Committee relieved of further consideration. Placed on second reading.
  10. Passed to Rules Committee for second reading.
  11. APP - Executive action taken by committee.
  12. APP - Majority; do pass.
  13. First reading, referred to Appropriations (Not Officially read and referred until adoption of Introduction report).
  14. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. WM - Majority; do pass.
  19. First reading, referred to Ways & Means.

SB 6321 in other sessions

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

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