Bill No.: SF0009                  Drafter:  DRN

LSO No.:  08LSO-0184              Effective Date:

Enrolled Act No.:

Chapter No.:

Prime Sponsor:     Management Audit Committee

Catch Title:       State retirement-board immunity.

Subject:  Clarifying personal liability of board members of public employee retirement systems.

Summary/Major Elements:

· Provides that individual board members of any public employee retirement system are liable under the Uniform Management of Public Employee Retirement Systems Act only for willful misconduct, intentional torts or illegal acts.