SB 170 Specifies that defined benefit retirement plans are required to submit quarterly reports on their investment performance to the Joint Committee on Public Employee Retirement
Sponsor: Crowell
LR Number: 0161S.02I Fiscal Note:
Committee: Veterans' Affairs, Emerging Issues, Pensions and Urban Affairs
Last Action: 1/27/2011 - Second Read and Referred S Veterans' Affairs, Emerging Issues, Pensions and Urban Affairs Committee Journal Page: S161
Title: Calendar Position:
Effective Date: August 28, 2011

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Current Bill Summary


SB 170 - This act specifies that each public retirement system that provides a defined benefit retirement plan shall be required to submit a quarterly report about the plan's investment performance to the Joint Committee on Public Employee Retirement. If the plan fails to submit this report, the committee may subpoena witnesses, take testimony under oath, and compel the production of records regarding this information according to the committee's statutory authority.

This act is identical to a provision of SS/SCS/HB 282 (2011).

EMILY KALMER