Introduced
by
To require the state judicial pension system to use a “layered amortization" method for paying down past pension underfunding, which requires officials to amortize (pay back) each “layer” of underfunding accumulated in a given period over not more than 10 years.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass..
Passed in the House 69 to 39 (details)
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S-3) be adopted and that the bill then pass.
Passed in the Senate 20 to 17 (details)
To require the state judicial pension system to use a “layered amortization" method for paying down past pension underfunding, which requires officials to amortize (pay back) each “layer” of underfunding accumulated in a given period over not more than 10 years.
Passed in the House 58 to 43 (details)