WV HB4496 | 2008 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Engrossed on February 21 2008 - 50% progression, died in chamber
Action: 2008-03-06 - House Message received

Summary

The purpose of this bill is to provide for the voluntary transfer of assets from the Teachers' Defined Contribution Retirement System ("TDC") to the State Teachers Retirement System ("TRS"); to provide an election on the question of actively contributing members of the TDC voluntarily transferring assets to the TRS; requiring seventy percent of actively contributing members of the TDC to vote in the affirmative; to permit the voluntary transfer of assets upon affirmative vote; providing for transferring members to receive service credit in TRS for an amount equal to seventy-five percent of the members' service credit to the TDC; and providing transferring members the option to receive full credit in TRS by paying the Actuarial Reserve.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Providing opportunities for members of the Teachers' Defined Contribution Retirement System ("TDC") to the State Teachers Retirement System ("TRS")

Sponsors


History

DateChamberAction
2008-03-06 House Message received
2008-03-05 To conference
2008-03-05 Communicated to Senate
2008-03-05 House appointed conferees: Boggs, Kominar, Campbell, Spencer, Anderson
2008-03-05 House agreed to conference
2008-03-05 House received Senate message
2008-03-05 Communicated to House
2008-03-05 Senate appoints conference committee: Helmick, Foster, Plymale, Oliverio, Hall
2008-03-05 Senate refused to recede; requested conference (Voice vote)
2008-03-04 Communicated to Senate
2008-03-04 House refused to concur; requested Senate to recede (Voice)
2008-03-04 House received Senate message
2008-03-04 Senate requests House to concur
2008-03-04 Effective from passage (Roll No. 11)
2008-03-04 Passed Senate with amended title (Roll No. 11)
2008-03-04 Senate reconsidered passage of bill (Voice vote)
2008-03-04 Senate reconsidered title amendment and adopted (Voice vote)
2008-03-04 Senate reconsidered effective date
2008-03-04 Motion
2008-03-04 Effective from passage (Roll No. 10)
2008-03-04 Passed Senate with amended title (Roll No. 10)
2008-03-04 Read 3rd time
2008-03-04 On 3rd reading
2008-03-03 Committee amendment adopted (Voice vote)
2008-03-03 Read 2nd time
2008-03-03 Unanimous consent
2008-03-03 Reported do pass, with amendment
2008-03-03 Having been read 1st time, prior proceedings, 2/28/08
2008-02-28 On second reading to Finance
2008-02-28 Read 1st time
2008-02-28 On 1st reading
2008-02-28 Immediate consideration
2008-02-28 Unanimous consent
2008-02-28 Reported do pass with amend and title amend but first to Finance
2008-02-22 To Pensions
2008-02-22 To Pensions then Finance
2008-02-22 Introduced in Senate
2008-02-21 Communicated to Senate
2008-02-21 Effective from passage (Roll No. 89)
2008-02-21 Passed House (Roll No. 88)
2008-02-21 Read 3rd time
2008-02-21 On 3rd reading, Special Calendar
2008-02-20 Read 2nd time
2008-02-20 On 2nd reading, Special Calendar
2008-02-19 Read 1st time
2008-02-19 From House Calendar, 1st reading, placed on Special Calendar
2008-02-18 By substitute, do pass
2008-02-14 To House Finance
2008-02-14 With amendment, do pass, but first to Finance
2008-02-11 To House Pensions and Retirement
2008-02-11 Introduced in House
2008-02-11 To Pensions and Retirement then Finance
2008-02-11 Filed for introduction

Same As/Similar To

SB642 (Same As) 2008-02-11 - To Pensions

Subjects


West Virginia State Sources


Bill Comments

feedback