MINUTES OF THE

SENATE RETIREMENT & INDEPENDENT ENTITIES STANDING COMMITTEE

Room 250 Utah State Capitol

February 24, 2015

Members Present: Sen. Todd Weiler, Chair

Sen. Gene Davis

Sen. Margaret Dayton

Sen. Karen Mayne

Sen. Daniel W. Thatcher

Members Excused: Sen. Curtis S. Bramble

Staff Present: Mr. Alex R. Janak, Policy Analyst

Ms. Lorna Wells, Committee Secretary

NOTE: A list of visitors and a copy of handouts are filed with the committee minutes.

Chair Weiler called the meeting to order at 12:50 p.m.

Sen. Weiler relinquished the chair to Sen. Dayton.

S.B. 208 Retirement Amendments (Sen. Weiler)

Sen. Weiler explained the bill to the committee.

Spoke to the bill: Mr. Dee Larsen, Counsel for Utah Retirement Systems

Spoke against the bill: Mr. David Spatafore, Chiefs of Police Association, Fire Chiefs Association

MOTION: Sen. Weiler moved to pass the bill out favorably.

SUBSTITUTE MOTION: Sen Davis moved to go to the next item on the agenda. The motion passed with Sen. Dayton and Sen. Weiler voting in opposition.

Sen. Weiler resumed the chair.

H.B. 51 Recodification of Postretirement Reemployment Provisions (Rep. Powell)

Rep. Powell explained the bill to the committee:

MOTION: Sen. Mayne moved to pass the bill out favorably. The motion passed unanimously.

MOTION: Sen. Dayton moved to approve the minutes of the February 9, 2016 meeting. The motion passed unanimously.

H.B. 15 Domestic Relations Retirement Shares (Rep. McIff)

Rep. McIff explained the bill to the committee:

Spoke to the bill: Mr. Dee Larsen, General Counsel, Utah Retirement Systems

MOTION: Sen. Davis moved to pass the bill out favorably. The motion passed unanimously

MOTION: Sen. Davis moved to adjourn. The motion passed unanimously.

Chair Weiler adjourned the meeting at 1:33 p.m.

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Sen. Todd Weiler, Chair