Bill > H0917

Introduced Session

Authorizes payment of death benefits to surviving spouse or surviving children of Special Risk Class member in investment plan; establishes qualifications & eligibility requirements in order to receive such benefits; prescribes method of calculating benefit; specifies circumstances under which benefit payments are terminated; provides legislative intent; requires SBA or Division of Retirement to take certain action upon receipt of notification of disqualification from IRS; authorizes state board & DMS to adopt rules; provides for allocations for death benefits authorized by act; adjusts employer contribution rates in order to fund changes made by act; provides directive to DOLRI; declares that act fulfills important state interest.

Committee Categories

Rene Plasencia (R)*,  Larry Ahern (R),  Eric Eisnaugle (R),  Edwin Narain (D),  Hazelle Rogers (D),  Darryl Rouson (D), 

Died in Government Operations Subcommittee, companion bill(s) passed, see SB 7012 (Ch. 2016-213) (on 03/11/2016)

Official Document