Relating to assumed interest rates used by the Public Employees Retirement Board; declaring an emergency.
Summary
Directs Public Employees Retirement Board to use lesser of assumed interest rate for system determined by board or assumed interest rate published by federal Pension Benefit Guaranty Corporation in formulating actuarial equivalency factor tables for purpose of computing payments to members of Public Employees Retirement System. Declares emergency, effective on passage.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2017
Committee Review
Floor Vote
Governor
Introduced Feb 23, 2017
Last action Jul 7, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Jul 7, 2017
Legislature · Passed
In committee upon adjournment.
legislature
Feb 28, 2017
Committee
Referred to Business and Labor.
legislature
Feb 23, 2017
Introduced
First reading. Referred to Speaker's desk.
legislature
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Gene Whisnant
RRepublican
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