IN SB0010 | 2020 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 18 2020 - 100% progression
Action: 2020-03-18 - Public Law 51
Text: Latest bill text (Enrolled) [PDF]

Summary

Pension matters. Provides that a member of the public employees' retirement fund (PERF), the Indiana state teachers' retirement fund (TRF), or the legislators' defined contribution plan who meets certain age and service requirements may withdraw all or part of the amount in the member's annuity savings account without consequence to the member's pension benefit under the fund and without separating from a covered position. Removes the requirement that a member of PERF, TRF, or the legislators' defined contribution plan wait 30 days after separating from a covered position to withdraw an amount from the member's annuity saving account. Provides that the board of trustees of the Indiana public retirement system may offer members an alternative option for the payment of the member's retirement benefits that does not include a minimum benefit option. (The introduced version of this bill was prepared by the interim study committee on pension management oversight.)

Tracking Information

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Title

Pension matters.

Sponsors


Roll Calls

2020-03-10 - Senate - Senate - Conference Committee Report 1 (Y: 50 N: 0 NV: 0 Abs: 0) [PASS]
2020-03-10 - House - House - Rules Suspended. Conference Committee Report 1 (Y: 93 N: 0 NV: 0 Abs: 7) [PASS]
2020-02-27 - House - House - Third reading (Y: 91 N: 0 NV: 1 Abs: 8) [PASS]
2020-02-18 - House - House - Committee Vote (Y: 12 N: 1 NV: 0 Abs: 0) [PASS]
2020-01-14 - Senate - Senate - Third reading (Y: 49 N: 0 NV: 0 Abs: 1) [PASS]
2020-01-08 - Senate - Senate - Committee Vote (Y: 10 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2020-03-18SenatePublic Law 51
2020-03-18SenateSigned by the Governor
2020-03-18SenateSigned by the President of the Senate
2020-03-16HouseSigned by the Speaker
2020-03-12SenateSigned by the President Pro Tempore
2020-03-10HouseRules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 342: yeas 93, nays 0
2020-03-10SenateConference Committee Report 1: adopted by the Senate; Roll Call 351: yeas 50, nays 0
2020-03-09HouseCCR # 1 filed in the House
2020-03-09SenateCCR # 1 filed in the Senate
2020-03-04HouseHouse advisors appointed: VanNatter, Lyness, Beck and Deal
2020-03-04HouseHouse conferees appointed: Burton and Moseley
2020-03-03SenateSenate advisors appointed: Doriot, Niezgodski and Garten
2020-03-03SenateSenate conferees appointed: Boots and Tallian
2020-03-02SenateSenate dissented from House amendments
2020-03-02SenateMotion to dissent filed
2020-02-28HouseReturned to the Senate with amendments
2020-02-27HouseRepresentative Moseley added as cosponsor
2020-02-27HouseThird reading: passed; Roll Call 219: yeas 91, nays 0
2020-02-25HouseAmendment #2 (Burton) prevailed; voice vote
2020-02-25HouseSecond reading: amended, ordered engrossed
2020-02-24HouseRepresentative VanNatter added as cosponsor
2020-02-18HouseCommittee report: amend do pass, adopted
2020-02-04HouseFirst reading: referred to Committee on Employment, Labor and Pensions
2020-01-15SenateReferred to the House
2020-01-14SenateSenator Tallian added as coauthor
2020-01-14SenateSenator Randolph added as coauthor
2020-01-14SenateHouse sponsor: Representative Burton
2020-01-14SenateThird reading: passed; Roll Call 10: yeas 49, nays 0
2020-01-13SenateSecond reading: ordered engrossed
2020-01-09SenateSenators Garten, Ford J.D., Niezgodski added as coauthors
2020-01-09SenateSenator Doriot added as second author
2020-01-09SenateCommittee report: do pass, adopted
2020-01-06SenateFirst reading: referred to Committee on Pensions and Labor
2020-01-06SenateAuthored by Senator Boots

Indiana State Sources

TypeSource
Summaryhttps://iga.in.gov/legislative/2020/bills/senate/10/details
Texthttp://iga.in.gov/static-documents/4/5/5/e/455e8e78/SB0010.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/a/9/7/c/a97c7a06/SB0010.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/d/a/3/8/da38a0e5/SB0010.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/9/c/0/c/9c0c2c9e/SB0010.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/6/1/b/f/61bf746e/SB0010.03.COMH.pdf
Texthttp://iga.in.gov/static-documents/4/a/3/9/4a391418/SB0010.03.COMH.pdf
Texthttp://iga.in.gov/static-documents/3/e/8/0/3e80fef0/SB0010.04.ENGH.pdf
Texthttp://iga.in.gov/static-documents/1/7/7/8/1778c541/SB0010.04.ENGH.pdf
Texthttp://iga.in.gov/static-documents/4/a/6/f/4a6fafe8/SB0010.05.ENRH.pdf
Roll Callhttp://iga.in.gov/static-documents/5/f/e/d/5fedbd80/SB0010.01.INTR.01.pdf
Roll Callhttp://iga.in.gov/static-documents/f/4/e/f/f4ef4df5/SB0010.10_S.pdf
Roll Callhttp://iga.in.gov/static-documents/4/2/4/6/4246c298/SB0010.02.COMS.00.pdf
Roll Callhttp://iga.in.gov/static-documents/e/0/3/3/e0337c60/SB0010.219_H.pdf
Roll Callhttp://iga.in.gov/static-documents/8/9/1/5/8915d2c1/SB0010.342_H.pdf
Roll Callhttp://iga.in.gov/static-documents/f/6/0/5/f6054127/SB0010.351_S.pdf

Bill Comments

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