IN HB1279 | 2015 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 13 2015 - 25% progression, died in committee
Action: 2015-02-09 - Representative Niezgodski added as coauthor
Pending: House Employment, Labor and Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

HERO plan. Establishes the Hoosier Employee Retirement Option plan (plan) to encourage Indiana residents to increase their rate of saving and to build assets for the use of participants and their survivors and beneficiaries after a participant's retirement. Establishes a plan board (board) with nine members: the treasurer of state, the auditor of state, the director of the office of management and budget, the commissioner of the department of labor, and five members appointed by the governor. Provides that the appointed board members serve four year terms and that the treasurer is the board chair. Requires the board to provide

Tracking Information

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Title

HERO plan. Establishes the Hoosier Employee Retirement Option plan (plan) to encourage Indiana residents to increase their rate of saving and to build assets for the use of participants and their survivors and beneficiaries after a participant's retirement. Establishes a plan board (board) with nine members: the treasurer of state, the auditor of state, the director of the office of management and budget, the commissioner of the department of labor, and five members appointed by the governor. Provides that the appointed board members serve four year terms and that the treasurer is the board chair. Requires the board to provide

Sponsors


History

DateChamberAction
2015-02-09HouseRepresentative Niezgodski added as coauthor
2015-01-13HouseCoauthored by Representatives Eberhart and Moed
2015-01-13HouseFirst Reading: referred to Committee on Employment, Labor and Pensions
2015-01-13HouseAuthored by Representative Lehman

Indiana State Sources


Bill Comments

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