Relating to distributions under the individual account program of the Public Employees Retirement System.
Summary
Eliminates option of members of individual account program of Public Employees Retirement System to receive distributions as installment payments upon retirement. Requires members retiring on or after January 1, 2019, to receive distributions as lump sum.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2017
Last action Jul 8, 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 8, 2017
Legislature · Passed
In committee upon adjournment.
legislature
Jan 17, 2017
Committee
Referred to Workforce.
legislature
Jan 9, 2017
Introduced
Introduction and first reading. Referred to President's desk.
legislature
2 primary · 0 co-sponsors
Sponsors
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