Legislation - SB0457

Title: State Retirement and Pension System - Transfers Between Systems - Workgroup
Sponsored by: Senator M. Jackson (Chair, Joint Committee on Pensions)
Status: In the Senate - Second Reading Passed with Amendments
Analysis: Fiscal and Policy Note

Synopsis

Requiring the State Retirement and Pension System to convene a workgroup to study transfers of member service between State and local retirement and pension systems; and requiring the Agency to submit a report of the workgroup's findings and recommendations, including any need for legislative initiatives, to the Governor and General Assembly by December 1, 2025.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0584

Bill File Type: Regular

Effective Date(s): June 1, 2025

Creates a Task Force or Commission

History

Legislation History
Chamber Senate Calendar Date 1/22/2025 Legislative Date 1/21/2025 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Retirement and Pension System - Transfers Between Systems - Workgroup Proceedings
Chamber Senate Calendar Date 1/23/2025 Legislative Date 1/23/2025 Action Hearing 2/13 at 9:00 a.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2025 Legislative Date 3/14/2025 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/14/2025 Legislative Date 2/25/2025 Action Favorable with Amendments {803228/1 Adopted Proceedings 45 Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2025 Legislative Date 2/25/2025 Action Second Reading Passed with Amendments Proceedings 45 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - State Retirement and Pension System - Transfers Between Systems - Workgroup Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/22/2025	1/21/2025	First Reading Budget and Taxation
			Text - First - State Retirement and Pension System - Transfers Between Systems - Workgroup
Senate	1/23/2025	1/23/2025	Hearing 2/13 at 9:00 a.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/14/2025	3/14/2025	Favorable with Amendments Report by Budget and Taxation
Senate	3/14/2025	2/25/2025	Favorable with Amendments {803228/1 Adopted	45 Click to view Recorded Media
Senate	3/14/2025	2/25/2025	Second Reading Passed with Amendments	45 Click to view Recorded Media
			Text - Third - State Retirement and Pension System - Transfers Between Systems - Workgroup

File Code

Subjects

Statutes