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Joint Committee on Public Employee Retirement Legislation Sheet 2012 PDF

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Preview Joint Committee on Public Employee Retirement Legislation Sheet 2012

2012 RETIREMENT LEGISLATION - SENATE SENATE BILLS SENATE ACTION HOUSE ACTION OTHER ACTION Bill Number System Affected Description Sponsor Committee Assigned Date/ Time Hearing Rm Committee Action Perfected Passed 3rd Read Committee Assigned Date/ Time Hearing Rm Committee Action Passed 3rd Read Notes Governor Action SCS: The directors of PSRS, KCPSRS & S Informal the Commissioner of Education shall Hearing DP KCPSRS & Calendar SB 451 review/study the affects of district Cunningham General Laws Conducted w/SCS PSRS Bills for annexation on the retirement systems. 1/31/12 2/14/12 Perfection  Fiscal Note Allows the City of St. Louis to establish local control of city's police force no Financial & St. Louis SB 461 sooner than 1/1/13. The police pension Keaveny Govt. City Police system continues to be governed under Organization Chapter 86, RSMo. Eliminates retirement benefits, life Veterans insurance, disability insurance & health Affairs, Hearing insurance coverage for General Assembly SB 478 MOSERS Crowell Pensions & Conducted members & Statewide Elected Officials Emerging 1/26/12 who first hold office on or after 1/1/13. Issues  Fiscal Note Eliminates retirement benefits for General Assembly members & Statewide Elected Officials who first hold office on Veterans or after 1/1/13. Eliminates life insurance S Informal Affairs, Hearing & disability insurance for these members DP Calendar SB 479 MOSERS Crowell Pensions & Conducted with the option to purchase through the 1/26/12 Bills for Emerging 1/26/12 state. These members will be responsible Perfection Issues for the premium for any health insurance coverage elected.  Fiscal Note SS #2: Modifies retirement benefit formula for General Assembly members DP Veterans Similar & Statewide Elected Officials who first 1/26/12 Affairs, Hearing provisions hold office on or after 1/1/13, to be the DP 3/5/12 SB 492 MOSERS Crowell Pensions & Conducted 3/8/12 Retirement included in same as general state employees. Fiscal w/ SS #2 Emerging 1/26/12 SCS for HB Changes the interest rate on refundable Oversight Issues 1331 contributions. 3/8/12  Fiscal Note Updated 7/11/2012 JOINT COMMTITEE ON PUBllC EMPLOYEE RETIREMENT www.jcper.org 1 2012 RETIREMENT LEGISLATION - SENATE SENATE BILLS SENATE ACTION HOUSE ACTION OTHER ACTION Bill Number System Affected Description Sponsor Committee Assigned Date/ Time Hearing Rm Committee Action Perfected Passed 3rd Read Committee Assigned Date/ Time Hearing Rm Committee Action Passed 3rd Read Notes Governor Action SCS: Requires Gubernatorial S Informal SCS includes appointments to Board of Trustees to Hearing DP MOSERS & Gubernatorial Calendar provisions SB 516 be made with advice & consent of Schaaf Conducted w/SCS LAGERS Appointments Bills for from SB Senate 2/15/12 3/21/12 Perfection 650  Fiscal Note Allows the City of St. Louis to establish local control of city's police force no Financial & St. Louis Chappelle- SB 535 sooner than 1/1/13. The police pension Govt. City Police Nadal system continues to be governed under Organization Chapter 86, RSMo. KC School Distict Proposal - includes plan membership & retiree return to work KCPSRS, Hearing provisions. Requires JCPER to contract SB 581 JCPER & Callahan General Laws Conducted with an actuary to perform study of PSRS 1/31/12 KCPSRS. Fiscal Note Changes the governance of the St. Louis Airport. Allows the airport authority to Jobs, Econ St. Louis enter into negotiations with the city of SB 597 Dempsey Development City St. Louis to discuss pension plans and & Local Govt other retirement issues, beginning April 1, 2015. Provides for service transfers made prior to passage of reciprocal transfer of service asset provisions. HCS as amended: Veterans DP MOSERS, MOSERS & MPERS: Changes the Affairs, Hearing DP Hearing w/HCS 5/17/12 TAFP Signed SB 625 MPERS, & interest rate on refundable Kehoe Pensions & Conducted w/ SCS 4/18/12 4/26/12 Retirement Conducted 5/8/12 as amended 5/18/12 7/10/12 CERF contributions. Emerging 2/9/12 3/8/12 5/8/12 DP Rules CERF: Provides for employee Issues 5/10/12 contribution of refunds in certain cirumstances. Fiscal Note Updated 7/11/2012 JOINT COMMTITEE ON PUBllC EMPLOYEE RETIREMENT www.jcper.org 2 2012 RETIREMENT LEGISLATION - SENATE SENATE BILLS SENATE ACTION HOUSE ACTION OTHER ACTION Bill Number System Affected Description Sponsor Committee Assigned Date/ Time Hearing Rm Committee Action Perfected Passed 3rd Read Committee Assigned Date/ Time Hearing Rm Committee Action Passed 3rd Read Notes Governor Action Requires Gubernatorial appointments to S Informal Similar Hearing provisions MOSERS & Board of Trustees to be made with Govermental DP Calendar S SB 650 Ridgeway Conducted included in LAGERS advice & consent of Senate Accountability 2/22/12 Bills for 2/15/12 SCS for SB  Fiscal Note Perfection 516 Similar DP w/HCS HCS: Allows the City of North Kansas 5/1/12 5/16/12 provisions included in City of Hearing Hearing DP Rules S requests City to submit to voters a retail sales Ways & DP HCS#2 for SB 668 North Lembke Conducted 4/10/12 4/12/12 General Laws Conducted 5/10/12 H recede or tax of up to .5% for Public Safety use Means 3/29/12 HB 1358, Kansas City 3/8/12 4/24/12 DP Fiscal grant  Fiscal Note Review conference HCS for HB 1397, HCS 5/15/12 for SB 692 Modifies retirement plans for judges, Veterans statewide elected officials, & members Affairs, Hearing SB 669 MOSERS of the general assembly who first take Lembke Pensions & Cancelled office after January 1, 2013 Emerging 2/9/12 Fiscal Note Issues DP Similar w/HCS provisions HHCCSS:: AAlllloowwss tthhee CCiittyy ooff NNoorrtthh KKaannssaass 5/02/12 includdedd in City of Jobs, Econ Hearing DP Hearing City to submit to voters a retail sales Local DP Rules Defeated on HCS#2 for SB 692 North Stouffer Development Conducted w/SCS 4/3/12 4/5/12 Conducted tax of up to .5% for Public Safety use Government 5/10/12 H 3rd Read HB 1358, Kansas City & Local Govt 2/8/12 2/22/12 4/25/12  Fiscal Note DP Fiscal HCS for HB Review 1397, HCS 5/15/12 for SB 668 Public Education bill - includes required S Informal retirement system coverage for new Hearing DP KCPSRS & Calendar SB 706 hires of annexed school districts Cunningham General Laws Conducted w/ SCS PSRS Bills for resulting from unaccredited status 4/3/12 4/17/12 Perfection Fiscal Note HA #3: CERF: Provides for employee contribution of refunds in certain Similar circumstances. MOSERS/MPERS: provisions DP included in Provides for service transfers made 5/15/12 as CERF, Financial & Hearing DP Hearing w/ HCS HCS for SB prior to passage of reciprocal transfer Financial amended - SB 726 MOSERS, Parson Govt Conducted w/ SCS 3/6/12 3/8/12 Conducted 4/18/12 625, HCS of service. Institutions In MPERS Organizations 2/20/12 2/27/12 4/11/12 DP Rules for SB 628 HA #2: MCHCP shall conduct an analysis Conference 5/1/12 as amended, of the feasibility of including MoDOT & HCS for employees into the MCHCP health plan SB 635  Fiscal Note Updated 7/11/2012 JOINT COMMTITEE ON PUBllC EMPLOYEE RETIREMENT www.jcper.org 3 2012 RETIREMENT LEGISLATION - SENATE SENATE BILLS SENATE ACTION HOUSE ACTION OTHER ACTION Bill Number System Affected Description Sponsor Committee Assigned Date/ Time Hearing Rm Committee Action Perfected Passed 3rd Read Committee Assigned Date/ Time Hearing Rm Committee Action Passed 3rd Read Notes Governor Action Effective 7/1/13, modifies provisions Veterans relating to the defined contribution plan Affairs, Hearing SB 756 M OSERS for employees of certain higher Engler Pensions & Conducted education institutions. Emerging 3/8/12 Fiscal Note Issues Requires matching contribution rates to Veterans be fixed at 2011/2012 school year levels, S Informal Affairs, Hearing DP PSRS / COLA to be set at 2% with exceptions Calendar SB 842 Lamping Pensions & Conducted w/SCS 4/4/12 PEERS and a closed 30 year amortization S Bills for Emerging 3/8/12 3/21/12 period used until plans are 100% funded 3rd Read Issues Fiscal Note If St. Louis City adopts a new firemen's Veterans retirement plan by ordinance, then any Affairs, St. Louis SB 852 new firemen hired after the adoption of Crowell Pensions & Firemen the ordinance will be covered by the new Emerging local ordinance pension plan Issues St. Louis City firemen hired on or after Veterans August 28, 2012, will no longer be Affairs, St. Louis covered by the current pension plan. SB 853 Crowell Pensions & Firemen These new hires may be covered by a Emerging pension plan established by local Issues ordinance. City of Allows the City of North Kansas City to Jobs, Econ SB 887 North submit to voters a retail sales tax of up Ridgeway Development Kansas City to .5% for Public Safety use & Local Govt Updated 7/11/2012 JOINT COMMTITEE ON PUBllC EMPLOYEE RETIREMENT www.jcper.org 4 2012 RETIREMENT LEGISLATION - HOUSE HOUSE BILLS HOUSE ACTION SENATE ACTION OTHER ACTION Bill Number System Affected Description Sponsor Committee Assigned Date/ Time Hearing Rm Committee Action Perfected Passed 3rd Read Committee Assigned Date/ Time Hearing Rm Committee Action Passed 3rd Read Notes Governor Action Allows an option for deduction of health DP Veterans care or long term care premiums from Hearing Consent Affairs, Hearing Consent DP TAFP Signed HB 1039 LAGERS retiree's benefit as permitted by Federal Leara Retirement Conducted 1/19/12 2/8/12 Pensions & Conducted 5/2/12 2/7/12 4/5/12 5/2/12 6/18/12 Law. 1/19/12 DP Rules Emerging 3/8/12  Fiscal Note 1/30/12 Issues Hearing Beginning 1/1/13, General Assembly members Scheduled - will not accrue credited service under the HB 1138 MOSERS Smith Retirement Bill Not MSEP 2000 plan. Heard  Fiscal Note 2/13/12 DP Veterans w/ HCS Establishes the 2012 State Employee Hearing Affairs, MOSERS & 2/13/12 HB 1139 Retirement Incentive. G atschenbergeRetirement Conducted 2/29/12 3/1/12 Pensions & MPERS DP  Fiscal Note 2/6/12 Emerging Rules Issues 2/23/12 Removes state salary limitations Provisions Hearing MOSERS & associated with multi-circuit juvenile court included in HHBB 11220022 FFrraannzz JJuuddiicciiaarryy CCoonndduucctteedd CERF employees. HCS for SB 3/7/12 Fiscal Note 636 HCS - Establishes a defined contribution plan for new General Assembly members beginning 1/1/13, with no less than 10% of Hearing DP HB 1226 MOSERS annual pay being contributed by the employer. Brattin Retirement Conducted w/ HCS Members will be vested after serving 3 full 2/6/12 3/5/12 biennial assemblies.  Fiscal Note DP Veterans Allows a $4 surcharge to be assessed and Provisions Hearing w/ HCS Affairs, collected against persons who pled guilty and included in HB 1256 PACARS Diehl Judiciary Conducted 3/7/12 4/11/12 4/12/12 Pensions & paid a fine through a fine collection center HCS for SB 1/25/12 DP Rules Emerging  Fiscal Note 636 3/29/12 Issues Beginning 1/1/13, prohibits General Assembly members who have not served at least 3 HB 1312 MOSERS Koenig Retirement biennial assemblies from accruing credited service Updated 7/11/2012 JOINT COMMTITEE ON PUBllC EMPLOYEE RETIREMENT www.jcper.org 1 2012 RETIREMENT LEGISLATION - HOUSE HOUSE BILLS HOUSE ACTION SENATE ACTION OTHER ACTION Bill Number System Affected Description Sponsor Committee Assigned Date/ Time Hearing Rm Committee Action Perfected Passed 3rd Read Committee Assigned Date/ Time Hearing Rm Committee Action Passed 3rd Read Notes Governor Action Provides for service transfers made prior to passage of reciprocal transfer of service asset provisions. DP Veterans Similar SCS: Modifies retirement benefit formula S Informal Hearing 2/13/12 Affairs, Hearing DP provisions MOSERS & for General Assembly members & Statewide Calendar H HB 1331 Jones Retirement Conducted DP 3/6/12 3/8/12 Pensions & Conducted w/SCS included in MPERS Elected Officials who first hold office on or Bills for 2/13/12 Rules Emerging 4/5/12 4/12/12 SS#2 for after 1/1/13, to be the same as general 3rd Read 3/1/12 Issues SB 492 state employees. Changes the interest rate on refundable contributions. Fiscal Note Similar DP HCS #2: Allows the City of North Kansas provisions Hearing w/HCS On City of North City to submit to voters a retail sales tax Local included in HB 1358 Gatschenberge Conducted 4/4/12 Perfection Kansas City of up to .5% for Public Safety use Government HCS for HB 3/7/12 DP Rules Calendar Fiscal Note 1397 & HB 44//1122//1122 1802 Similar DP HCS: Allows the City of North Kansas City provisions Hearing w/HCS On City of North to submit to voters a retail sales tax of up Local included in HB 1397 Gatschenberge Conducted 3/28/12 Perfection Kansas City to .5% for Public Safety use Government HCS #2 for 3/28/12 DP Rules Calendar Fiscal Note HB 1358 & 4/12/12 HB 1802 Allows teachers to retire when their age St. Louis HB 1472 added to their years of service is greater Carter Retirement PSRS than 80 Bill Similar Provides for employee contribution of Hearing DP combined provisions HB 1543 CERF refunds in certain cirumstances. Franz Retirement Conducted w/HCS with HCS included in  Fiscal Note 3/19/12 3/19/12 for HB HCS for SB 1741 729 Updated 7/11/2012 JOINT COMMTITEE ON PUBllC EMPLOYEE RETIREMENT www.jcper.org 2 2012 RETIREMENT LEGISLATION - HOUSE HOUSE BILLS HOUSE ACTION SENATE ACTION OTHER ACTION Bill Number System Affected Description Sponsor Committee Assigned Date/ Time Hearing Rm Committee Action Perfected Passed 3rd Read Committee Assigned Date/ Time Hearing Rm Committee Action Passed 3rd Read Notes Governor Action CERF: Modifies direct rollover provisions to provide automatic conformance with regulations & board provisions. Hearing Motion to CERF & LAGERS: Modifies the adjustment factor Local HB 1573 Schneider Conducted DP Failed LAGERS associated with an election of a Partial Government 2/22/12 2/29/12 Lump Sum distribution to include a maximum of 90% of the monthly retirement benefit  Fiscal Note Modifies normal retirement eligibility for HB 1600 MOSERS General Assembly members serving for the Webber Retirement first time on or after 1/1/13. Effective 7/1/13, modifies provisions relating to the defined contribution plan for Veterans DP eemmppllooyyeeeess ooff cceerrttaaiinn hhiigghheerr eedduuccaattiioonn HHeeaarriinngg AAffffaaiirrss,, HB 1741 & MOSERS & 3/19/12 institutions. Leara Retirement Conducted 4/24/12 4/26/12 Pensions & 1543 CERF DP Rules HCS: Provides for employee contribution of 3/5/12 Emerging 4/19/12 refunds in certain cirumstances. Issues Fiscal Note DP Hearing w/HCS H Bills for MOSERS & Modifies composition of judicial circuits Judicial HB 1754 Cox Conducted 3/6/12 Perfection CERF  Fiscal Note Reform 2/21/12 DP Rules Calendar 4/19/12 Similar provisions Allows the City of North Kansas City to included in City of North Local HB 1802 submit to voters a retail sales tax of up to Swearingen HCS #2 for Kansas City Government .5% for Public Safety use HB 1358 & HCS for HB 1397 Creates a new benefit tier for members hired Hearing DP St. Louis HB 1857 on or after 8/29/12 Leara Retirement Conducted w/ HCS Firemen  Fiscal Note 3/19/12 4/12/12 Updated 7/11/2012 JOINT COMMTITEE ON PUBllC EMPLOYEE RETIREMENT www.jcper.org 3 2012 RETIREMENT LEGISLATION - HOUSE HOUSE BILLS HOUSE ACTION SENATE ACTION OTHER ACTION Bill Number System Affected Description Sponsor Committee Assigned Date/ Time Hearing Rm Committee Action Perfected Passed 3rd Read Committee Assigned Date/ Time Hearing Rm Committee Action Passed 3rd Read Notes Governor Action DP Establishes the MoDOT & Hwy Patrol Health Hearing w/HCS H Bills for Health HB 1922 MPERS Care Plan Molendorp Conducted 4/5/12 Perfection Insurance Fiscal Note 3/27/12 DP Rules Calendar 4/19/12 All Public Allows state auditor to audit any public Plans, CERF, retirement system within the state. PACARS, Downsizing Hearing Removes current provisions associated with DP Referred HB 2106 LAGERS, Marshall State Complete the state auditor examination and reporting 5/1/12 to Rules MPERS, Government 4/26/12 requirements MOSERS, Fiscal Note PSRS Updated 7/11/2012 JOINT COMMTITEE ON PUBllC EMPLOYEE RETIREMENT www.jcper.org 4

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Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.