AK SB48 | 2013-2014 | 28th Legislature

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 11 2013 - 25% progression, died in committee
Action: 2013-04-08 - REFERRED TO FINANCE
Pending: Senate Finance Committee
Text: Latest bill text (Comm Sub) [PDF]

Summary

An Act requiring each municipality with a population that decreased by more than 25 percent between 2000 and 2010 that participates in the defined benefit plan of the Public Employees' Retirement System of Alaska to contribute to the system an amount calculated by applying a rate of 22 percent of the total of all base salaries paid by the municipality to employees of the municipality who are active members of the system during a payroll period; reducing the rate of interest payable by a municipality with a population that decreased by more than 25 percent between 2000 and 2010 that is delinquent in transmitting employee and employer contributions to the defined benefit plan of the Public Employees' Retirement System of Alaska; giving retrospective effect to the substantive provisions of the Act; and providing for an effective date.

Tracking Information

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Title

Pers Contributions By Municipalities

Sponsors


History

DateChamberAction
2013-04-08SenateREFERRED TO FINANCE
2013-04-08SenateFN1: (ADM)
2013-04-08SenateNR: WIELECHOWSKI
2013-04-08SenateDP: DYSON, COGHILL
2013-04-08SenateSTA RPT CS 2DP 1NR SAME TITLE
2013-02-11SenateSTA, FIN
2013-02-11SenateREAD THE FIRST TIME - REFERRALS

Subjects


Alaska State Sources


Bill Comments

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