BILL · 2017–18 SESSION · LATEST VERSION SSB 5276

SB 5276: Retirement system opt-out

Allowing new government employees the option of opting out of retirement system membership if the employee is age sixty or older when first hired, or when the employee's employer opts into retirement plan participation.

Summary

  • Allows public employees that first become eligible for coverage in certain public pension system at age 60 or older to opt out of retirement coverage.

From the Senate Bill Report (Orig.) (SB 5276), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 19, 2017
  2. Out of committeeFeb 16, 2017
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Barbara Bailey (R-10)
Introduced
January 19, 2017 in the Senate
Last action
January 8, 2018
Requested by
Other
Companion bill
HB 1708
Budget
Has a fiscal note
Versions
SB 5276, SSB 5276

AN ACT Relating to allowing new government employees the option of opting out of retirement system membership if the employee is age sixty or older when first hired, or when the employee's employer opts into retirement plan participation;

Sponsors

Prime sponsor: Barbara Bailey (R-10)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status. (SSB 5276)
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status. (SSB 5276)
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status. (SSB 5276)
  6. By resolution, reintroduced and retained in present status.
  7. By resolution, reintroduced and retained in present status. (SSB 5276)
  8. By resolution, reintroduced and retained in present status.
  9. Senate Rules "X" file. (SSB 5276)
  10. Senate Rules "X" file.
  11. Passed to Rules Committee for second reading. (SSB 5276)
  12. Passed to Rules Committee for second reading.
  13. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5276)
  14. WM - Majority; 1st substitute bill be substituted, do pass.
  15. First reading, referred to Ways & Means.

SB 5276 in other sessions

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

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