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, 2021, to receive distributions as lump sum.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2019
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2019
Last action Jul 1, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
1
Committee
2
Jul 1, 2019
Upper · Passed
In committee upon adjournment.
upper
Jan 16, 2019
Committee
Referred to Workforce.
upper
Jan 14, 2019
Introduced
Introduction and first reading. Referred to President's desk.
upper
1 primary · 1 co-sponsor
Sponsors
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