SB 0389 Creates a defined contribution plan for certain employees of state colleges and universities
LR Number:1501S.02I Fiscal Note:1501-02
Committee:Pensions and General Laws
Last Action:02/28/01 - Voted Do Pass S Pensions & General Laws Committee Journal page:
Effective Date:August 28, 2001
Full Bill Text | All Actions | Available Summaries | Senate Home Page | List of 2001 Senate Bills
Current Bill Summary

SB 389 - This act would create a defined contribution plan for state colleges and universities for teaching personnel, instructors, assistant professors, associate professors, professors, and academic administrators holding faculty rank. MOSERS is authorized to establish the plan, select a third party administrator, select investment products, and establish contribution rates.