Introduced
by
To require the state police 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-3) be adopted and that the bill then pass.
Passed in the House 108 to 0 (details)
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 37 to 0 (details)
To require the state police 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 102 to 0 (details)
