Higher educational institutions; maintenance of optional retirement plan. (SB79)
Introduced By
Sen. Frank Ruff (R-Clarksville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Optional retirement plan maintained by institution of higher education; withdrawal of contributions before retirement. Allows the governing board of an institution of higher education to establish a policy regarding the number of years of creditable service that an employee must have before being eligible for an unreduced refund of his accumulated contributions if he ceases to be an employee other than by death or retirement. The policy would only apply to employees hired on or after July 1, 2014. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
12/20/2013 | Prefiled and ordered printed; offered 01/08/14 14100513D |
12/20/2013 | Referred to Committee on Finance |
01/13/2014 | Impact statement from DPB (SB79) |
01/14/2014 | Reported from Finance with substitute (15-Y 0-N) (see vote tally) |
01/14/2014 | Committee substitute printed 14103870D-S1 |
01/15/2014 | Constitutional reading dispensed (38-Y 0-N) |
01/16/2014 | Read second time |
01/16/2014 | Reading of substitute waived |
01/16/2014 | Committee substitute agreed to 14103870D-S1 |
01/16/2014 | Engrossed by Senate - committee substitute SB79S1 |
01/17/2014 | Read third time and passed Senate (38-Y 0-N) |
01/22/2014 | Impact statement from DPB (SB79S1) |
01/23/2014 | Placed on Calendar |
01/23/2014 | Read first time |
01/23/2014 | Referred to Committee on Appropriations |
01/23/2014 | Impact statement from DPB (SB79S1) |
02/24/2014 | Reported from Appropriations (22-Y 0-N) (see vote tally) |
02/26/2014 | Read second time |
02/27/2014 | Read third time |
02/27/2014 | Passed House BLOCK VOTE (99-Y 0-N) |
02/27/2014 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
03/03/2014 | Enrolled |
03/03/2014 | Bill text as passed Senate and House (SB79ER) |
03/03/2014 | Signed by Speaker |
03/06/2014 | Signed by President |
03/07/2014 | Impact statement from DPB (SB79ER) |
04/07/2014 | G Approved by Governor-Chapter 745 (effective 7/1/14) |
04/07/2014 | G Acts of Assembly Chapter text (CHAP0745) |