Category: Economy, Budget and Taxes
HB 1823 (2018) relative to layered amortization of retirement system liabilities.
House/Senate Bill: House
Description: Requires the retirement system to amortize annual unfunded liabilities accrued on or after July 1, 2017 separately from existing liabilities. According to the retirement system, this bill would have an undetermined financial impact, starting in 2022.
Bill Sponsor: Carol McGuire
Bill Co Sponsor: Click the "Link to Full Bill" for information
Next Hearing Date: Wed, 03/21/2018
Next Voting Date: Thu, 04/05/2018