Bill Title: Default public employees' retirement plan. Provides that after June 30, 2017, an individual who becomes a full-time employee of the state for the first time becomes a member of the public employees' defined contribution plan (plan) unless the individual elects to become a member of the public employees' retirement fund (fund). (Under current law, an eligible employee becomes a member of the fund unless the employee elects to become a member of the plan.)

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-04 - First reading: referred to Committee on Employment, Labor and Pensions [HB1047 Detail]

Text: Latest bill text (Introduced) [PDF]

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