Dick Dever voted Nay (Passage With Amendment) on this Legislation.
Title: Prohibits New Hires from the State Pension Plan Beginning in 2025
Signed by Governor Doug Burgum
Title: Prohibits New Hires from the State Pension Plan Beginning in 2025
Vote to concur with senate amendments and final pass a bill that prohibits new hires from joining the state pension plan beginning in 2025.
Defines “deferred members” (Sec. 1).
Requires that elected or appointed state officials already be members of the state retirement plan in order to remain on the plan (Sec. 3).
Authorizes temporary employees to contribute to the state plan if they elect to do so (Sec. 4).
Specifies requirements for non-state employees to be eligible for the state retirement plan (Sec. 5).
Prohibits new hires from joining the state pension plan beginning in 2025 (Sec. 7).
Specifies the amount that each governmental unit shall supply to the plan (Sec. 10).
Establishes a funding matching program for employees who have chosen not to pay 3% of wages (Sec. 13).
Defines “Temporary Employee” (Sec. 14).
Specifies that participation in any program described in this act is optional (Sec. 16).
Defines the board's duties when selecting annuity providers (Sec. 20).
Title: Prohibits New Hires from the State Pension Plan Beginning in 2025
Vote to pass a bill that prohibits new hires from joining the state pension plan beginning in 2025.
Defines “deferred members” (Sec. 1).
Requires that elected or appointed state officials already be members of the state retirement plan in order to remain on the plan (Sec. 3).
Authorizes temporary employees to contribute to the state plan if they elect to do so (Sec. 4).
Specifies requirements for non-state employees to be eligible for the state retirement plan (Sec. 5).
Prohibits new hires from joining the state pension plan beginning in 2025 (Sec. 7).
Specifies the amount that each governmental unit shall supply to the plan (Sec. 10).
Establishes a funding matching program for employees who have chosen not to pay 3% of wages (Sec. 13).
Defines “Temporary Employee” (Sec. 14).
Specifies that participation in any program described in this act is optional (Sec. 16).
Defines the board's duties when selecting annuity providers (Sec. 20).
Title: Prohibits New Hires from the State Pension Plan Beginning in 2025
Title: Prohibits New Hires from the State Pension Plan Beginning in 2025