HOUSE COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT SYSTEM
May 08, 2003 Hearing Room E
3:00 PM Tape 62
MEMBERS PRESENT: Rep. Tim Knopp, Chair
Rep. Jeff Barker
Rep. Tom Butler
Rep. Mary Nolan
Rep. Dennis Richardson
Rep. Wayne Scott
MEMBER EXCUSED: Rep. Alan Brown, Vice-Chair
Rep. Deborah Kafoury, Vice-Chair
Rep. Greg Macpherson
STAFF PRESENT: Cara
Filsinger, Administrator
Annetta Mullins, Committee Assistant
MEASURE/ISSUES HEARD: SB 258 A – Work Session
SB 325 A – Work Session
These minutes are in
compliance with Senate and House Rules.
Only text enclosed in quotation marks reports a speaker’s exact
words. For complete contents,
please refer to the tapes.
|
TAPE/# |
Speaker |
Comments |
|
Tape 62, A |
||
|
003 |
Chair Knopp |
Calls meeting to order at 311 p.m. and opens a work
session on SB 258. |
|
SB 258
A – WORK SESSION |
||
|
010 |
David Bailey |
Deputy Director, Public Employees’ Retirement System
(PERS). Presents conclusions of
analysis of benefits provided by SB 258 with consideration for the provisions
of HB 2003 B (EXHIBIT A). |
|
058 |
Bailey |
Continues explaining the interaction of SB 258 A and
HB 2003 B. |
|
078 |
Bailey |
Reports they did speak to the attorney general’s office
on the question of roll over and the response was that they could not think
of any time when the accounts could not roll over. |
|
|
Rep. Barker |
Asks what the effect is on the fund. |
|
|
Bailey |
Responds it is unlikely to have a significant
effect. |
|
102 |
Rep.
Barker |
MOTION: Moves SB 258 A to the floor with a DO PASS
recommendation. |
|
106 |
|
VOTE:
6-0-3 AYE: In a roll call
vote, all members present vote Aye. EXCUSED: 3 - Reps. Brown, Kafoury, Macpherson |
|
|
Chair Knopp |
The motion CARRIES. REP. BARKER will lead discussion on
the floor. |
|
116 |
Chair Knopp |
Closes the work session on SB 258 A and opens a work
session on SB 325 A. |
|
SB
325-A – WORK SESSION |
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|
|
Chair Knopp |
Expresses his concerns with the bill. Thinks the committee needs more discussion
and testimony to see if the urban as well as the rural areas can be satisfied. |
|
132 |
Chair Knopp |
Closes the work session SB 325 A, announces that HB
2003 will be on the f loor of the House for concurrence tomorrow, and adjourns
the meeting at 3:21 p.m. |
EXHIBIT
SUMMARY
A
– SB 258, report, David Bailey, 3 pp