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 ↗
- IntroducedJan 19, 2017
- Out of committeeFeb 16, 2017
- Passed Senatestopped here
- Passed House
- Governor
- 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
- By resolution, reintroduced and retained in present status. (SSB 5276)
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status. (SSB 5276)
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status. (SSB 5276)
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status. (SSB 5276)
- By resolution, reintroduced and retained in present status.
- Senate Rules "X" file. (SSB 5276)
- Senate Rules "X" file.
- Passed to Rules Committee for second reading. (SSB 5276)
- Passed to Rules Committee for second reading.
- WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5276)
- WM - Majority; 1st substitute bill be substituted, do pass.
- 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.
- SB 5276 (2025–26) Institution reimburse. rates
- SB 5276 (2023–24) Capital vessel rep. account
- SB 5276 (2021–22) Significant legislative rule
- SB 5276 (2019–20) Hemp production
- SB 5276 (2015–16) Property tax refund/errors
- SB 5276 (2013–14) Designated agricultural land
- SB 5276 (2011–12) Family & med leave insurance
- SB 5276 (2009–10) University engineering progs