l9n/ Oregon

2013 Regular Session

Senate Bill 857

Modifies cost-of-living adjustment under Public Employees Retirement System.

Did not become law. It stopped in the Senate on July 8, 2013. The 2013 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Creates Task Force on PERS Reform to study approaches to reforming Public Employees Retirement System and report to committee or interim committee of Legislative Assembly no later than October 1, 2014.</i>] <i>Sunsets task force on date of convening of 2015 regular session of Legislative Assembly.</i>] <b>Modifies cost-of-living adjustment under Public Employees Retirement System. <b>Directs Public Employees Retirement Board to report to Legislative Assembly at least once every five years on impact of changes in cost of living on purchasing power of pensions. <b>Directs board to adopt actuarial equivalency factor tables for computing money match benefit for certain members of system. Directs board to use annual interest rate based on rates published by Pension Benefit Guaranty Corporation in adopting tables. <b>Directs board to recalculate employer contribution rates to reflect savings attributable to Act. <b>Provides for expedited review by Supreme Court upon petition by adversely affected party.</b> Declares emergency, effective on passage.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

    1 co-sponsor

    SFR

    Its course

    June 21 to July 8, 2013, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action10 actions on 7 days

    In the SenateJun 21 to Jul 8 · stopped17 days

    Waiting for a committeeJun 21 to Jun 210 days

    Finance and RevenueJun 21 to Jun 298 days

    Votes

    Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

    • Senate, third reading16–14

      Jul 2

    Amendments

    Each amendment offered, and what became of it.

    • Senate committee amendmentAdopted

      Adopted Jun 29

    Text

    Each version as the Legislative Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

    In the Senate Jun 21 – Jul 8

    1. Jun 21Introduced
    2. Sent to Finance and Revenue
    3. Jun 27Heard in Finance and Revenue
    4. Jun 28Heard in Finance and Revenue
    5. Jun 29Heard in Finance and Revenue
    6. Finance and Revenue recommended it as amended
    7. Jul 1Read a second time
    8. Jul 2Sent to a committee
    9. Jul 8Died when the session ended
    All 10 actions, as published
    1. Jun 21Introduction and first reading. Referred to President's desk.Senate
    2. Jun 21Referred to Finance and Revenue.Senate
    3. Jun 27Public Hearing and Work Session held.Senate
    4. Jun 28Work Session held.Senate
    5. Jun 29Work Session held.Senate
    6. Jun 29Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
    7. Jul 1Second reading.Senate
    8. Jul 2Made a Special Order of Business immediately. Ayes, 30.Senate
    9. Jul 2Motion to rerefer to Finance and Revenue Carried.Senate
    10. Jul 8In committee upon adjournment.Senate