IN HB1047 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-04 - First reading: referred to Committee on Employment, Labor and Pensions
Pending: House Employment, Labor and Pensions Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-04 - First reading: referred to Committee on Employment, Labor and Pensions
Pending: House Employment, Labor and Pensions Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Default public employees' retirement plan. Provides that after June 30, 2017, an individual who becomes a full-time employee of the state for the first time becomes a member of the public employees' defined contribution plan (plan) unless the individual elects to become a member of the public employees' retirement fund (fund). (Under current law, an eligible employee becomes a member of the fund unless the employee elects to become a member of the plan.)
Title
Default public employees' retirement plan. Provides that after June 30, 2017, an individual who becomes a full-time employee of the state for the first time becomes a member of the public employees' defined contribution plan (plan) unless the individual elects to become a member of the public employees' retirement fund (fund). (Under current law, an eligible employee becomes a member of the fund unless the employee elects to become a member of the plan.)
Sponsors
| Rep. Wes Culver [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-04 | House | First reading: referred to Committee on Employment, Labor and Pensions |
| 2017-01-04 | House | Authored by Representative Culver |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2017/bills/house/1047/details |
| Text | http://iga.in.gov/static-documents/3/3/6/2/3362868a/HB1047.01.INTR.pdf |
