Did not become law. It stopped in the Senate's Workforce Committee on June 30, 2019. The 2019 session has ended.
2019 Regular Session
Senate Bill 555
Eliminates option of members of individual account program of Public Employees Retirement System to receive distributions as installment payments upon retirement.
What it does
The synopsis the Legislative Assembly published with the bill.
Eliminates option of members of individual account program of Public Employees Retirement System to receive distributions as installment payments upon retirement. Requires members retiring on or after January 1, 2021, to receive distributions as lump sum.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
Its course
January 14 to June 30, 2019, 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 action4 actions on 4 days
In the SenateJan 14 to Jun 30 · stopped167 days
Waiting for a committeeJan 14 to Jan 162 days
WorkforceJan 16 to Jun 30 · stopped165 days
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 Jan 14 – Jun 30
All 4 actions, as published
- Jan 14Introduction and first reading. Referred to President's desk.Senate
- Jan 16Referred to Workforce.Senate
- Feb 26Public Hearing held.Senate
- Jun 30In committee upon adjournment.Senate