IN HB1148 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on May 13 2013 - 100% progression
Action: 2013-05-13 - Public Law 66
Text: Latest bill text (Enrolled) [HTML]

Summary

Changes the definition of "normal retirement age" in the public employees' defined contribution plan (plan) to reduce the minimum number of years required for participation in the plan from ten years to five years. Requires a vested plan member to be separated from employment for at least 30 days before the member may make a withdrawal from the member's account. (The introduced version of this bill was prepared by the pension management oversight commission.)

Tracking Information

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Title

Public employees' defined contribution plan.

Sponsors


Roll Calls

2013-04-01 - Senate - Senate - Third reading: passed (Y: 48 N: 1 NV: 1 Abs: 0) [PASS]
2013-01-23 - House - House - Third reading: passed (Y: 80 N: 14 NV: 1 Abs: 5) [PASS]

History

DateChamberAction
2013-05-13HousePublic Law 66
2013-04-15HouseSigned by the Governor
2013-04-05SenateSigned by the President of the Senate
2013-04-04SenateSigned by the President Pro Tempore
2013-04-03HouseSigned by the Speaker
2013-04-01SenateReturned to the House without amendments
2013-04-01SenateThird reading: passed; Roll Call 345: yeas 48 and nays 1
2013-03-18SenateSecond reading: ordered engrossed
2013-03-14SenateCommittee report: do pass, adopted
2013-02-25SenateFirst reading: referred to Committee on Pensions and Labor
2013-01-23HouseSenate sponsors: Senators Tallian and Boots
2013-01-23HouseReferred to the Senate
2013-01-23HouseThird reading: passed; Roll Call 26: yeas 80, nays 14
2013-01-22HouseAmendment 1 (Niezgodski), failed; voice vote
2013-01-22HouseSecond reading: ordered engrossed
2013-01-15HouseCommittee report: do pass, adopted
2013-01-10HouseFirst reading: referred to Committee on Employment, Labor and Pensions
2013-01-10HouseCoauthored by Representative Burton
2013-01-10HouseAuthored by Representative Niezgodski

Indiana State Sources


Bill Comments

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