HB 1486 ND

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Introduced

Relating to the closure of the public employees retirement system main plan, the deferred compensation program, and expansion of the defined contribution retirement plan; to amend and reenact section 6‑09.4‑10.1, paragraph 1 of subdivision a of subsection 1 of section 15‑39.1‑10.3, sections 21‑10‑13, 54‑52‑01, 54‑52‑02.5, 54‑52‑02.9, 54‑52‑02.11, and 54‑52‑02.12, subsection 2 of section 54‑52‑05, sections 54‑52‑06 and 54‑52‑14.3, subdivision b of subsection 1 of section 54‑52‑17.2, and sections 54‑52.6‑01, 54‑52.6‑02, 54‑52.6‑03, 54‑52.6‑05, 54‑52.6‑08, 54‑52.6‑09, 54‑52.6‑10, 54‑52.6‑13, 54‑52.6‑15, and 54‑52.6‑19 of the North Dakota Century Code, relating to a transfer from the legacy earnings fund to the public employees retirement system main plan and the public employees retirement system defined benefit and defined contribution retirement plans; to repeal section 54‑52‑06.5 of the North Dakota Century Code, relating to public employees retirement system retirement plan contribution rates upon reaching full funding; to provide an appropriation; to provide for a transfer; to provide for application; and to provide an effective date.

• Jim Kasper Republican · primary

1. Jan 18, 2023 Introduced, first reading, referred Government and Veterans Affairs Committee · lower
2. Jan 26, 2023 Committee Hearing 08:30 · lower
3. Jan 27, 2023 Committee Hearing 11:25 · lower
4. Feb 6, 2023 Reported back, do not pass, placed on calendar 12 1 0 · lower
5. Feb 8, 2023 Rereferred to Government and Veterans Affairs · lower
6. Feb 17, 2023 Request return from committee · lower
7. Feb 20, 2023 Laid over two legislative days · lower
8. Feb 22, 2023 Second reading, failed to pass, yeas 15 nays 78 · lower