IN SB0298 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Engrossed on February 2 2010 - 50% progression, died in committee
Action: 2010-02-09 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Amended) [HTML]

Summary

Establishes the Indiana public retirement system (system) to administer and manage: (1) the public employees' retirement fund (PERF); (2) the teachers' retirement fund (TRF); (3) the judges' retirement fund; (4) the prosecuting attorneys retirement fund; (5) the state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement fund; (6) the 1977 police officers' and firefighters' pension and disability fund; (7) the legislators' retirement system; (8) the pension relief fund; (9) the special death benefit fund; and (10) the state employees' death benefit fund. Creates an 11 member board of trustees for the system (board) consisting of ten members appointed by the governor and the director of the budget agency (or designee) serving as an ex officio voting member. Requires a trustee to complete annually at least 12 hours of trustee education. Provides that the board's powers and duties are the combined powers and duties of the PERF and TRF boards. Provides that each retirement fund continues as a separate fund managed by the board. Provides for a director of the system who is appointed by and serves at the pleasure of the board. Requires the director to employ managers for PERF and TRF. Allows the director to employ managers for one or more of the other public retirement funds of the system. Repeals provisions that establish the PERF and TRF boards. Abolishes the Indiana tobacco use prevention and cessation executive board (executive board) on July 1, 2010, and transfers all assets, obligations, powers, duties, and appropriations of the executive board to the state department of health. Repeals statutes governing the executive board. Removes the provision prohibiting the Evansville State Psychiatric Treatment Center for Children from being independent of the Evansville State Hospital and the southwestern Indiana community mental health center. Removes the provision prohibiting the Evansville State Psychiatric Treatment Center and the Evansville State Hospital from reducing staffing levels below those in effect on January 1, 2002. Repeals corresponding definitions and cross-references.

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Title

State administration.

Sponsors


History

DateChamberAction
2010-02-09 First reading: referred to Committee on Ways and Means
2010-02-02 Cosponsor: Rep. Espich
2010-02-02 House sponsor: Rep. Crawford
2010-02-02 Referred to the House
2010-02-02 Third reading: passed; Roll Call 142: Yeas 32 and Nays 18
2010-01-26 Amendment 5 (Deig), failed; Roll Call DV: Yeas 18, Nays 31
2010-01-26 Amendment 4 (Tallian), failed; Voice Vote
2010-01-26 Amendment 1 (Kenley), prevailed; Voice Vote
2010-01-26 Second reading: amended, ordered engrossed
2010-01-26 Senator Hershman added as second author
2010-01-19 Committee report: amend do pass, adopted
2010-01-11 First reading: referred to Committee on Appropriations
2010-01-11 Authored by Senator Kenley

Indiana State Sources


Bill Comments

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