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

 

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