HB1126 (2014) Detail

Establishing a committee to study alternative public employee retirement plans.


HB 1126 – AS INTRODUCED

2014 SESSION

14-2173

10/06

HOUSE BILL 1126

AN ACT establishing a committee to study alternative public employee retirement plans.

SPONSORS: Rep. Hess, Merr 24; Rep. Kurk, Hills 2

COMMITTEE: Executive Departments and Administration

ANALYSIS

This bill establishes a committee to study alternative public employee retirement plans.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

14-2173

10/06

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fourteen

AN ACT establishing a committee to study alternative public employee retirement plans.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Committee Established. There is established a committee to study a alternative public employee retirement plans.

2 Membership and Compensation.

I. The members of the committee shall be as follows:

(a) Four members of the house of representatives, appointed by the speaker of the house of representatives.

(b) Two members of the senate, appointed by the president of the senate.

II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

3 Duties. The committee shall study alternative public employee retirement plans. The committee shall examine public employee retirement systems adopted or proposed in other jurisdictions including cash balance plans.

4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named house member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Four members of the committee shall constitute a quorum.

5 Reports. The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library in an interim report on or before November 1, 2014 and in a final report on or before November 1, 2015.

6 Effective Date. This act shall take effect upon its passage.

Links

HB1126 at GenCourtMobile

Action Dates

Date Body Type

Bill Text Revisions

HB1126 Revision: 26121 Date: March 27, 2014, midnight

Docket