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Joint Committee on Public Employee Retirement Legislation Sheet 2017 PDF

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Preview Joint Committee on Public Employee Retirement Legislation Sheet 2017

2017 RETIREMENT LEGISLATION - SENATE SENATE BILLS SENATE ACTION HOUSE ACTION OTHER ACTION Date / Date / Govern Bill System Committee Time Committee Passed Committee Time Committee Passed Description Sponsor Perfected Notes or Number Affected Assigned Hearing Action 3rd Read Assigned Hearing Action 3rd Read Action Rm Rm 5/4/17 Third Read 4/26/17 & Passed Legis Modifies & creates new provisions relating to Oversight 5/12/17 All public criminal offenses; HA 3 modifies the eligibility InfrTarsatnruscpt,u re Hearing 2/2/17 3 /7/17 3/9/17 Hearing Reported HCS CCS for SB 34 retirement of a public employee who is convicted of a Cunningham Held Perfected Passed Judiciary Held Do Pass; HCS for & Public Do Pass plans certain work-related felony to receive Safety 1/26/17 (SS) (SS) 4/11/17 4/27/17 SS retirement benefits. Fiscal Review Truly Reported HCS Agreed to Do Pass & Finally Passed Establishes MOSERS coverage for employees of Hearing Held SB 58 MOSERS Sifton Education the Missouri Charter Public School Commission. 2/28/17 1. Changes the employer contribution rate to CURP and requires employees hired on/after 7/1/18 to contribute to the plan; 2. Increases the fees/penalties (Collector fees, Assessor late property list fees, & delinquent land list fees in CERF-covered counties) that fund CERF; 3. CURP / Permits MOSERS/MPERS boards to establish a CERF / buy-out program for terminated vested members 4/26/17 4/19/17 MOSERS / to receive a lump sum payment; 4. Provides "pop- Third Read Rules-Admin MPERS / up" provision relative to divorce after retirement & & Passed PSRS / extends notification period to nominate beneficiary Oversight 5/12/17 PEERS / St after remarriage for PSRS/PEERS members; 5. Hearing 3/7/17 3/9/17 Hearing Executive CCS for Makes multiple changes to St. Louis PSRS & Health & 2/1/17 Session SB 62 Louis PSRS Hegeman Held Perfected Passed Pensions Held HCS for provides for a new benefit tier for St. Louis PSRS Pensions Do Pass Completed; / KC PSRS / employees hired on/after 1/1/18; 6. Modifies 1/18/17 (SS) (SS) 4/10/17 4/20/17 SS St Louis working after retirement provisions to include Reported Do Truly Police & St PSRS/KCPSRS retirees employed by third party or Pass Agreed To Louis City independent contractor; 7. Modifies the eligibility of & Finally w/HCS Employees / a public employee convicted of certain work- Passed All Plans related felonies to receive retirement benefits; 8. For MOSERS/MPERS, changes vesting requirement for members of MSEP 2011 & modifies benefits of terminated vested employees; 9. Modifies provisions relating to membership of the police retirement system of St. Louis as a condition of employment. Updated 5/17/2017 www.jcper.org 1 2017 RETIREMENT LEGISLATION - SENATE SENATE BILLS SENATE ACTION HOUSE ACTION OTHER ACTION Date / Date / Govern Bill System Committee Time Committee Passed Committee Time Committee Passed Description Sponsor Perfected Notes or Number Affected Assigned Hearing Action 3rd Read Assigned Hearing Action 3rd Read Action Rm Rm 5/2/17 Rules- Modifies provisions relating to political Admin subdivisions; includes provisions to modify Oversight 5/12/17 fees and penalties collected to be paid to the Local Gov't Hearing 2/7/17 3/29/17 3/30/17 General Hearing Executive 5/10/17 On SB 114 CERF Schatz Held Held Session Third Read County Employees' Retirement Fund & Elections Do Pass Perfected Passed Laws Senate 1/31/17 4/18/17 Completed; & Passed (Collector fees, Assessor late property list 5/2/17 Calendar fees, delinquent land list fees). Reported Do Pass w/HCS Modifies provisions relating to political 5/1/17 5/12/17 subdivisions; includes provisions to modify Local Gov't Hearing 2/7/17 3/29/17 3/30/17 Economic Hearing Reported Do Senate Bills SB 124 CERF Wasson Held Perfected Passed Held Pass w/HCS; for Third fees and penalties collected to be paid to the & Elections Do Pass Development 1/31/17 (SS) (SS) 4/11/17 Ref: Legis Reading County Employees' Retirement Fund. Oversight Calendar Requires a General Assembly member or Hearing 5/12/17 MOSERS / statewide elected official who first holds Health & 2/22/17 SB 141 Emery Held Informal MPERS office on or after 1/1/18 to participate in a Pensions Do Pass 2/15/17 Calendar defined contribution retirement plan. Modifies the Year 2000 Retirement Plan 5/12/17 for state employees, members of the Hearing Informal MOSERS / General Assembly, and statewide Health & 2/1/17 Calendar SB 228 Koenig Held MPERS elected officials hired after 1/1/18. Pensions Do Pass w/SS 1/25/17 Members also must participate in & SA 1 Deferred Comp plan. (pending) 5/12/17 Modifies the fees and penalties collected Hearing 2/22/17 Health & Informal SB 295 CERF to be paid to the County Employees' Schaaf Held Do Pass Pensions Calendar Retirement Fund. 2/15/17 w/SCS w/SCS 4/26/17 St Louis Modifies provisions relating to 2/22/17 3/16/17 3/16/17 E4x/e1c2u/1tiv7e ROuleves-rAsidgmhti n 5S/e1n2a/1te7 Police & St membership of the police retirement Health & Hearing w/EC Local Executive Bills for SB 296 Hummel Consent, Do Consent Session Louis City system of St. Louis as a condition of Pensions Held 2/1/17 Adopted- Gov't Session Third Employees employment. Pass Calendar Consent Completed; Completed; Reading Do Pass Reported Do Calendar Pass All state Modifies the law relating to the Chappelle-Insurance & SB 308 plans investment policies of the State. Nadal Banking Updated 5/17/2017 www.jcper.org 2 2017 RETIREMENT LEGISLATION - SENATE SENATE BILLS SENATE ACTION HOUSE ACTION OTHER ACTION Date / Date / Govern Bill System Committee Time Committee Passed Committee Time Committee Passed Description Sponsor Perfected Notes or Number Affected Assigned Hearing Action 3rd Read Assigned Hearing Action 3rd Read Action Rm Rm 1. Changes the laws regarding the retirement 5/1/17 system for prosecuting and circuit attorneys; 2. 4/25/17 Rules-Admin PACARS / Makes multiple changes to St. Louis PSRS and HCS Oversight 5/12/17 St Louis provides for new benefit tier for employees hired 2/15/17 3/1/17 3/1/17 Reported Executive Senate SB 309 PSRS / on/after Jan 1, 2018; 3. Modifies working after Health & Hearing Bills for Walsh Do Pass w/ SCS Passed - Pensions Do Pass; Session (HB 561) PSRS / retirement provisions to include PSRS & Kansas Pensions Held 2/1/17 Third Kansas City City PSRS retirees employed by a third party or SCS Adopted Consent Ref: Rules- Completed; Reading PSRS independent contractor; 4. Requires Greene Admin HCS Calendar County to deposit judicial circuit court case Oversight Reported surcharges into the "justice center fund". Do Pass Changes the vesting requirement for members of the state retirement plan 5/12/17 Hearing 2/22/17 SB 333 M O SERS / known as MSEP 2011 and modifies the Health & Informal Schaaf Held Do Pass (HB 729) MPERS benefits of such members who have Pensions Calendar 2/15/17 w/SCS vested, but are no longer state w/SCS employees. Updated 5/17/2017 www.jcper.org 3 2017 RETIREMENT LEGISLATION - SENATE SENATE BILLS SENATE ACTION HOUSE ACTION OTHER ACTION Date / Date / Govern Bill System Committee Time Committee Passed Committee Time Committee Passed Description Sponsor Perfected Notes or Number Affected Assigned Hearing Action 3rd Read Assigned Hearing Action 3rd Read Action Rm Rm 1. PSRS/PEERS: Provides "pop-up" provision relative to divorce after retirement; 2. PSRS/PEERS: Extends notification period from 90 days to 1 year relative to nominating a successor beneficiary after death or divorce; 3. Makes multiple changes to St. Louis PSRS; 4. Provides for a new benefit tier for St. Louis PSRS employees hired on/after 1/1/18; 5. Modifies working after retirement provisions to include PSRS & Kansas City PSRS retirees employed by PSRS / third party or independent contractor; 6. Modifies PEERS / St. the eligibility, for all systems, of a public employee 5/3/17 Louis PSRS convicted of certain work-related felonies to Rules-Admin / Kansas receive retirement benefits; 7. For 4/25/17 Oversight City PSRS / MOSERS/MPERS, changes vesting requirement Executive Executive 5/10/17 5/12/17 SB 394 M O SERS / for members of MSEP 2011 & modifies benefits of Health & 2/22/17 3/1/17 3 / 16/17 3/16/17 Session Session Third Read On terminated vested employees; 8. Permits Romine Hearing Consent, Consent Passed - Pensions (HB 304) MPERS / MOSERS/MPERS boards to establish a buy-out Pensions Held Do Pass Calendar Consent Completed; Completed; and Senate PACARS / program for terminated vested members to HCS Do 5/4/17 Passed Calendar St. Louis receive a lump sum payment; 9. Changes the laws Pass Reported Police & St. regarding the retirement system for prosecuting HCS Do Louis City and circuit attorneys; 10. Modifies provisions Pass Employees relating to membership of the police retirement system of St. Louis as condition of employment & addresses gender neutrality; 11. Modifies coverage of jailers & EMTs within LAGERS; HA 1, increase fees & penalties that fund CERF; HA 2, limits the pension plan board member education requirements to defined benefit plans only, modifies employer contribution rate for St Louis PSRS, and requires pension benefit statements to include a projected benefit at normal retirement for defined benefit plans only. Makes multiple changes to St Louis 2/22/17 5/12/17 SB 409 S t L ouis Public School Retirement System; Health & 3/1/17 Koenig Hearing Informal (HB 619) PSRS provides for a new benefit tier for Pensions Do Pass Held Calendar employees hired on or after Jan 1, 2018. Modifies working after retirement 3/1/17 SB 441 P S RS / provisions to include retirees employed Health & Hegeman Hearing (HB 305) K C P S R S by a third party or independent Pensions Held contractor. Updated 5/17/2017 www.jcper.org 4 2017 RETIREMENT LEGISLATION - HOUSE HOUSE BILLS HOUSE ACTION SENATE ACTION OTHER ACTION Date / Date / Bill System Committee Time Committee Passed Committee Time Committee Passed Governor Description Sponsor Perfected Notes Number Affected Assigned Hearing Action 3rd Read Assigned Hearing Action 3rd Read Action Rm Rm Allows the utilization of a prosecuting attorney in two or more contiguous HB 75 PACARS counties in a judicial circuit and McGaugh Judiciary outlines compensation/benefit levels for such position. Changes to multiemployer plans (employee retirement plans or 2/20/17 welfare plans maintained under Executive 2/21/17 Ref: HB 80 collective bargaining). Requires Vescovo Pensions Session Rules-Admin multiemployer plans to provide each Completed Oversight plan participant a summary annual Do Pass report. St Louis C"Breluaete Asl ear st tSayteswteimde"; pSreongartaem A mcaelnleddm ethnet Crime E1x/e3c1u/1tiv7e 2/L7e/1g7is l aRtuivlee s- 2/14/17 2/16/17 Trantisopno, rta- H3/e9a/1rd7; 3/9/17 Ho5u/1s1e/ 1B7il l s 5F/1is2c/a1l7 HB 302 & Police & St No. 2 (offered by Sen. Hummel) modifies Hill P r evention & Session Oversight: HCS Passed Infrastructure Executive SCS for for Third Review 228 Louis City provisions relating to membership of the (108) Completed HCS Voted Public Safety HCS P erfected (HCS) & Public Session Reading Employees police retirement system of St. Louis as a HCS Do Reported Do Not Do Pass Safety Completed Calendar condition of employment. Pass Pass PSRS / Extyeenadrs r enloattiifvicea ttoio nno pmeirnioadti nfrgo ma s 9u0c cdeasysso tro 1 Heard C o2n/2s8e/n1t7 & 3/9/17 4/5/17 4/20/17 5/12/17 PEERS / beneficiary after death or divorce; provides 2/6/17; House Perfected 3/14/17 Health & Heard; SCS for House Bills HB 304 "pop-up" provision relative to divorce after Pike Pensions HCS Do Passed Executive for Third St. Louis Procedure: by Pensions HCS retirement; makes multiple changes to St Pass (HCS) Session Reading PSRS tiLeor ufoisr PemSRplSo yaeneds phriorevdid oens/ afoftre ar Jnaenw 1b,e 2n0e1fi8t . 2/20/17 HCCSo Dnos ePnatss- Consent Completed Reported Calendar Modifies working after retirement 2/20/17 3/13/17 Rules- Executive 5/12/17 PSRS / provisions to include retirees Admin HB 305 Pike Pensions Session Perfection KCPSRS employed by a third party or Oversight: Completed Calendar independent contractor. Do Pass Do Pass 2/20/17 4/6/17 Executive Changes the laws regarding the Rules-Admin HB 561 Walker Session PACARS retirement system for prosecuting Pensions Oversight: (SB 309) (003) Completed and circuit attorneys. HCS Reported HCS Do Do Pass Pass Updated 5/17/2017 www.jcper.org 1 2017 RETIREMENT LEGISLATION - HOUSE HOUSE BILLS HOUSE ACTION SENATE ACTION OTHER ACTION Date / Date / Bill System Committee Time Committee Passed Committee Time Committee Passed Governor Description Sponsor Perfected Notes Number Affected Assigned Hearing Action 3rd Read Assigned Hearing Action 3rd Read Action Rm Rm Makes multiple changes to St Louis 3/13/17 3/30/17 Rules- Executive Public School Retirement System; Admin 4/12/17 4/24/17 HB 619 S t L o u is Session provides for a new benefit tier for Dogan Pensions Oversight: HCS Passed (SB 409) PSRS Completed employees hired on or after Jan 1, HCS Reported Perfected (HCS) HCS Do 2018. Pass Do Pass 2/28/17 Allows retired police officers to return Executive Heard 3/7/17 Transporta- 5/12/17 Consent & 3/15/17 4/13/17 All law en- to work when there has been a Crime Session 3/27/17 tion, 4/20/17 H ouse Bills House Perfected Executive HB 645 forcement disaster or emergency proclaimed by Phillips Prevention & Completed Passed Infrastructure HCS for Third Procedure; by Consent Session plans Governor, or there is a national Public Safety HCS Do (HCS) & Public Reported Reading HCS Do Pass- (HCS) Completed emergency. Pass - Consent Safety Calendar Consent 3/6/17 3/28/17 Kansas Executive Rules-Admin 5/12/17 Modifies provisions relating to the Walker HB 723 City Pensions Session Oversight: P e rfection retirement of school employees. (003) PSRS Completed Reported Do Calendar Do Pass Pass Changes the vesting requirement for members of the state retirement plan known 3/13/17 3/30/17 Rules- as MSEP 2011 and modifies the benefits of Executive Admin 4/12/17 4/18/17 MOSERS/ such members who have vested, but are no Session Health & HB 729 Bernskoetter Pensions Oversight: HCS Passed MPERS longer state employees; permits the system Completed Pensions boards to establish a buy-out program for HCS Do HCS Reported Perfected (HCS) terminated vested members to receive a lump Pass Do Pass sum payment. Provides that salary and benefits PSRS / information for the executive director HB 755 Cookson PEERS and board employees is exempt from confidentiality requirements. Modifies provisions relating to the 2/27/17 prosecuting attorneys and circuit Executive 2/28/17 attorneys' retirement system; Session Ref: Rules- HB 782 PACARS Rowland Pensions exempts Ozark County from monthly Completed Admin contributions to PACARS when there Do Pass - Oversight is no prosecuting attorney in office. Consent Updated 5/17/2017 www.jcper.org 2 2017 RETIREMENT LEGISLATION - HOUSE HOUSE BILLS HOUSE ACTION SENATE ACTION OTHER ACTION Date / Date / Bill System Committee Time Committee Passed Committee Time Committee Passed Governor Description Sponsor Perfected Notes Number Affected Assigned Hearing Action 3rd Read Assigned Hearing Action 3rd Read Action Rm Rm St Louis Modifies provisions relating to 4/10/17 Hearing HB 819 P olice & St membership of the police retirement Gregory Pensions Scheduled; (SB 296) Louis City system of St. Louis as a condition of Bill Not Employees employment. Heard 1. Increase the fees/penalties that fund CERF; 2. Modifies multiple provisions to PACARS; 3. Modifies provisions relating to membership of the police retirement system of St Louis as a condition of employment; 4. Changes vesting St Louis requirement from 10 years to 5 years Police / St and offsets to MOSERS/MPERS Louis City members; 5. Permits MOSERS/MPERS 4/24/17 Employees boards to establish a buy-out program 4/12/17 Fiscal 5/12/17 P/A CCEARRFS / / froerc teeirvmei naa ltuemd pv essutmed p mayemmebnetr; s 6 to. E3x/e1c4u/1tiv7e HeCaornds 3e/n1t6 &/1 7 3/30/17 4/3/17 HCS EHxeeacruintigve; Oversight Informal Changes CURP employer contribution Crime Session Passed/ Executive Calendar HB 831 M O SERS / House HCS Health & Session rates and requires employees hired Baringer Prevention & Completed Emergency Session House (SB 296) MPERS / Procedure; Perfected Pensions Completed on/after 7/1/18 to contribute; 7. Provides Public Safety Do Pass - Clause Completed; Bills for CURP / HCS Do Pass- by Consent SCS PSRS / a"pftoepr -ruepti"r epmroevnist i&on e rxetelantdivse n toot idfiicvaotricoen C(oHnCsSen)t Consent adopted Reported HCSCS SV ofoter d RTeahdiridn g PEERS / period to nominate beneficiary after Do Pass Do Pass KC PSRS / remarriage for PSRS/PEERS members; LAGERS / 8. Modifies provisions that permit retired All Plans members of Kansas City PSRS to return to work; 9. Modifies provisions that permit retired PSRS members to return to work; SA 1 removes Recorder fees for CERF; SA 2 excludes certain judges from 2011 tier of Judicial Retirement System. Modifies provisions relating to membership of the police retirement LAGERS / system of St. Louis as a condition of 4/12/17 employment; modifies coverage of Executive 4/13/17 St Louis jailers and EMTs within LAGERS; Walker Session Ref: Rules- HB 865 Police / Pensions addresses gender neutrality; permits (003) Completed Admin MOSERS / MOSERS/MPERS boards to establish a HCS Do Oversight MPERS buy-out program for terminated vested Pass members to receive a lump sum payment. Updated 5/17/2017 www.jcper.org 3 2017 RETIREMENT LEGISLATION - HOUSE HOUSE BILLS HOUSE ACTION SENATE ACTION OTHER ACTION Date / Date / Bill System Committee Time Committee Passed Committee Time Committee Passed Governor Description Sponsor Perfected Notes Number Affected Assigned Hearing Action 3rd Read Assigned Hearing Action 3rd Read Action Rm Rm 3/13/17 3/30/17 Rules- Executive Changes the employer contribution Admin 4/19/17 4/25/17 HB 886 Session CURP rate to CURP and requires Black Pensions Oversight: HCS Passed (SB 62) Completed employees to contribute to the plan. HCS Reported Perfected (HCS) HCS Do Do Pass Pass Provides for cost of living increases PSRS / for public school retirees; repeals HB 891 Cookson PEERS authority of board of trustees to decrease benefits, COLA's. Requires the actuary for each public All public employee retirement plan to use 4/10/17 employee HB 918 certain assumptions when Berry Pensions Hearing retirement performing the plan's actuarial Held plans valuation. Allows a metropolitan planning organization to be considered a HB 933 LAGERS Fraker political subdivision for purposes of the Missouri LAGERS. Changes provisions relating to the Elementary & 4/3/17 PSRS / work of retired teachers in school Shaul HB 936 Secondary Hearing PEERS districts in positions not requiring (113) Education Held teacher certification. 4/12/17 Modifies provisions related to Executive 4/13/17 disability benefits for members of the Session Ref: Rules- HB 971 MPERS Higdon Pensions MODOT and Hwy Patrol Employees' Completed Admin Retirement System HCS Do Oversight Pass 3/13/17 4/6/17 Executive Modifies the fees and penalties Rules-Admin HB 979 Walker Session CERF collected to be paid to the County Pensions Oversight: (SB 295) (003) Completed Employees' Retirement Fund. HCS Reported HCS Do Do Pass Pass All public Modifies the eligibility of a public 4/12/17 4/19/17 Executive Rules-Admin employee employee who is convicted of a HB 996 Rhoads Pensions Session Oversight: retirement certain work-related felony to receive Completed Reported Do plans retirement benefits. Do Pass Pass Updated 5/17/2017 www.jcper.org 4 2017 RETIREMENT LEGISLATION - HOUSE HOUSE BILLS HOUSE ACTION SENATE ACTION OTHER ACTION Date / Date / Bill System Committee Time Committee Passed Committee Time Committee Passed Governor Description Sponsor Perfected Notes Number Affected Assigned Hearing Action 3rd Read Assigned Hearing Action 3rd Read Action Rm Rm Prohibits elected federal officials from receiving any benefits under a HB 1047 retirement plan accrued as an elected Neely state official once vested in a federal retirement plan Makes multiple changes to St Louis Public School Retirement System; 4/10/17 HB 1085 S t Louis provides for a new benefit tier for Walker Pensions Hearing (HB 619) PSRS employees hired on or after 1/1/18, and (003) Held establishes a COLA under certain conditions. Modifies provisions relating to the St Louis Walker HB 1086 police retirement system for the City Pensions City Police (003) of St Louis. Changes the laws regarding teacher HB 1146 PSRS Swan compensation in public schools. 4/12/17 4/13/17 Modifies the fees and penalties Executive HB 1151 Ref: Rules- CERF collected to be paid to the County Reiboldt Pensions Session (HB 979) Admin Employees' Retirement Fund. Completed HCS Do Pass Oversight Proposes a constitutional amendment allowing a judge who HJR 33 JUDGES Morris Judiciary has attained age of 70 to complete his or her term. Updated 5/17/2017 www.jcper.org 5

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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.