|
H.B.
No. 0051 |
Firemen's
pension plan benefits. |
Sponsored By: Joint
Appropriations Interim Committee
AN ACT
relating to a firemen's pension plan; modifying provision for increases in benefits
after retirement; specifying application; requiring payment from employers with
employees or retirees in the plan; providing for withholding of severance tax
distributions to employers failing to make required payments; requiring
reports; providing an appropriation; specifying use of appropriated funds; and
providing for effective dates.
1/21/2014 Bill Number Assigned
2/10/2014 H Received for Introduction
2/11/2014 H Introduced and Referred to H02
ROLL CALL
Ayes:
Representative(s) Baker, Barlow, Berger, Blevins, Blikre,
Brown, Burkhart, Campbell, Cannady, Coleman, Davison,
Eklund, Freeman, Gay, Gingery, Greear, Greene,
Halverson, Harshman, Harvey, Hunt, Hutchings, Jaggi,
Kasperik, Kirkbride, Kroeker, Krone, Larsen,
Lockhart, Loucks, Lubnau, Madden, Mader,
McKim, Miller, Nicholas, B., Northrup, Patton, Paxton, Petroff,
Piiparinen, Reeder, Semlek, Sommers, Stubson, Teeters, Walters, Watt, Wilson, Winters,
Zwonitzer, Dn. and Zwonitzer, Dv.
Nays:
Representative(s) Blake, Byrd, Connolly, Esquibel,
K., Filer, Goggles and Throne
Conflicts:
Representative(s) Moniz
Ayes 52 Nays
7 Excused 0 Absent 0 Conflicts
1
2/12/2014 H02 Recommended Amend and Do Pass
ROLL CALL
Ayes:
Representative(s) Blikre, Burkhart, Harshman, Nicholas, B. and Stubson
Nays:
Representative(s) Esquibel, K.
Conflicts:
Representative(s) Moniz
Ayes 5 Nays
1 Excused 0 Absent 0 Conflicts
1
2/12/2014 H Placed on General File
HB0051HS001/ADOPTED
Page 2-line 10 Delete "2024" insert "2029".
Page 3-line 15 Delete "2024" insert "2029". HARSHMAN,
CHAIRMAN
HB0051HW001/WITHDRAWN
HB0051HW002/ADOPTED
Page 5-line 20 After "15‑5‑202"
delete balance of line and insert "thirty-one million four hundred
thousand dollars ($31,400,000.00).".
Page 5-line
21 Delete "($38,200,000.00)." "delete
nineteen million" insert "fifteen million seven hundred thousand
dollars ($15,700,000.00)".
Page 5-line
22 Delete line through
"($19,100,000.00)".
Page 5-line 23 Delete "nineteen" insert
"fifteen million seven hundred thousand dollars ($15,700,000.00)".
Page 6-line 1 Delete line through
"($19,100,000.00)". HARSHMAN
HB0051HW003/FAILED
Delete the Harshman
committee of the whole (HB0051HW002/A) entirely and further amend as follows:
Page 4-lines 5 through 20 Delete entirely and insert:
"(g) Any pension benefit,
survivor benefit or disability benefit received by an eligible individual under
this article, and the fireman for whom the benefit is generated has been
retired for a period of not less than one (1) year, shall
may be increased each year by at least three percent (3%) as provided in this subsection. In the event the
most current actuarial valuation indicates the market value or actuarial value, whichever is less, of assets
is greater than one hundred fifteen percent (115%) one hundred percent (100%) of the actuarial value
of liabilities, the board may increase the benefit by an amount determined
affordable by the actuary, but in no case shall the total
increase be greater than five percent
(5%) of the benefit the amount which
after implementation would reduce the lesser of market value or actuarial value
of assets below one hundred percent (100%) of the actuarial value of the
liabilities. Any increase under this subsection shall be added to
the pension benefit, survivor benefit or disability benefit and compounded for
purposes of determining the total benefit amount in subsequent years.".
Page 5-line 20 After "15‑5‑202"
delete balance of line and insert "twelve million dollars
($12,000,000.00).".
Page 5-line 21 Delete "($38,200,000.00)."; delete "nineteen million" insert "six
million dollars ($6,000,000.00)".
Page 5-line
22 Delete line through
"($19,100,000.00)".
Page 5-line 23 Delete "nineteen" insert
"six million dollars ($6,000,000.00)".
Page 6-line 1 Delete line through
"($19,100,000.00)". MADDEN, BURKHART
2/13/2014 H Passed COW
HB0051H2001/FAILED
Page 4-line 18 Reinsert all stricken language.
Page 4-line 19 Delete all new language. ESQUIBEL, K.
2/14/2014 H Passed 2nd Reading
2/17/2014 H Passed 3rd Reading
ROLL CALL
Ayes:
Representative(s) Baker, Barlow, Berger, Blake, Blevins, Blikre, Brown, Burkhart, Campbell, Cannady,
Coleman, Connolly, Davison, Eklund, Freeman, Gay,
Gingery, Goggles, Greear, Greene, Harshman, Harvey,
Hunt, Hutchings, Jaggi, Kasperik, Kirkbride, Kroeker,
Larsen, Lockhart, Loucks, Lubnau, Mader,
McKim, Miller, Nicholas, B., Northrup, Patton, Paxton, Petroff,
Piiparinen, Reeder, Semlek, Sommers, Stubson, Teeters, Walters, Watt, Wilson, Winters,
Zwonitzer, Dn. and Zwonitzer, Dv.
Nays:
Representative(s) Byrd, Esquibel, K., Filer,
Halverson, Madden and Throne
Excused:
Representative(s) Krone
Conflicts:
Representative(s) Moniz
Ayes 52 Nays
6 Excused 1 Absent 0 Conflicts
1
2/18/2014 S Received for Introduction
2/19/2014 S Introduced and Referred to S02
3/5/2014 S Died In Committee Returned Bill
Pursuant to SR 5-4