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H.B. 100

             1     

STATE RETIREMENT CONVERSION WINDOW

             2     
2003 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Sponsor: Brad King

             5      This act modifies the Utah State Retirement and Insurance Benefit Act by providing a
             6      time period to apply for future conversion windows between the Public Employees'
             7      Contributory Retirement System and the Public Employees' Noncontributory Retirement
             8      System. This act takes effect on July 1, 2003.
             9      This act affects sections of Utah Code Annotated 1953 as follows:
             10      AMENDS:
             11          49-13-205, as renumbered and amended by Chapter 250, Laws of Utah 2002
             12      Be it enacted by the Legislature of the state of Utah:
             13          Section 1. Section 49-13-205 is amended to read:
             14           49-13-205. Conversion to system -- Time schedule -- Conversion windows.
             15          (1) An employee governed under Section 49-13-201 shall make the election to
             16      participate in this system within six months of July 1, 1986.
             17          (2) (a) (i) An employer governed under Sections 49-13-201 and 49-13-202 shall make
             18      the election to participate in this system within six months of July 1, 1986.
             19          (ii) The employer shall indicate whether or not it elects to participate by enacting a
             20      resolution or ordinance to that effect.
             21          (iii) Prior to the enactment of the resolution or ordinance, a hearing shall be held by the
             22      employer, at which all employees of the political subdivision shall be given an opportunity to
             23      be heard on the question of participating in this system.
             24          (iv) Notice of the hearing shall be mailed to all employees within 30 days of the
             25      hearing and shall contain the time, place, and purpose of the hearing.
             26          (b) A regular full-time employee has six months from the date the employer elects to
             27      participate in this system in which to make the election to participate in this system and



             28      become eligible for service credit in this system.
             29          (3) Subsections (1) and (2) shall be used to provide a second time period of conversion
             30      to this system beginning July 1, 1990.
             31          (4) Subsections (1) and (2) shall be used to provide a third time period of conversion to
             32      this system beginning July 1, 1995.
             33          (5) (a) Subsections (1) and (2) shall be used to provide a six-month time period,
             34      beginning July 1, 2003, to submit applications for conversion to this system if the Legislature
             35      approves another time period of conversion to this system.
             36          (b) An application filed in accordance with Subsection (5)(a) shall remain on file with
             37      the office until the application is revoked by the applicant.
             38          (c) The Legislature may limit the next time period of conversion to this system to
             39      applicants who have filed in accordance with Subsection (5)(a).
             40          Section 2. Effective date.
             41          This act takes effect on July 1, 2003.




Legislative Review Note
    as of 12-5-02 12:39 PM


A limited legal review of this legislation raises no obvious constitutional or statutory concerns.

Office of Legislative Research and General Counsel


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