SF 296 Senate Long Description
Relating to the public employees retirement association (PERA); making certain administrative changes; clarifying PERA membership; modifying the definition of governmental subdivision and retirement; clarifying board of trustees powers and duties; specifying a payment schedule in the event of insufficient state aid payment to the fund and governmental subdivision dissolution; making certain technical changes; modifying the surviving spouse optional annuity; clarifying surviving spouse benefit termination; authorizing health insurance withholding for certain public safety retirees; authorizing and providing for purchase of comprehensive employment training act service credit under certain conditions, sunset provision; providing for allocation of receivables upon dissolution of employing unit; repealing certain provisions relating to PERA annuities upon retirement, rights upon termination of membership and officers or employees of noncovered municipalities optional membership
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