Subject to the maximum limit under Subsection (3)(c)(iii),
Legislature shall annually determine the contribution amount that an
employer shall provide to each qualifying employee under Subsection (2).
(ii) The department shall make recommendations annually to the Legislature on the
contribution amount required under Subsection (2), in consultation with the Governor's
of Management and Budget and the Division of Finance.
(iii) The biweekly matching contribution amount required under Subsection
(2) may not exceed $26 for each qualifying employee.
The motion to amend the bill passed unanimously with Rep. Draxler, Rep. Froerer, and Rep.
Nelson absent for the vote.
Rep. Dunnigan introduced the bill and the amendment to the committee. A handout was
provided to committee members.
Spoke in favor of the bill: Mr. Jeff Herring, Executive Director, Department of Human
Mr. Ron Bigelow, citizen
Mr. Kory Cox, Utah Public Employees Association
MOTION: Rep. Draxler moved to pass H.B, 194 as amended out favorably. The motion
H.B. 95 Amortization Rate Contribution for Reemployed Retirees Revisions (Rep. D.
Rep. Sagers introduced the bill to the committee.
Spoke in favor of the bill: Mr. Dan Andersen, Utah Retirement System
MOTION: Rep. Nelson moved to pass H.B. 95 out favorably. The motion passed
MOTION: Rep. Nelson moved to place H.B. 95 on the Consent Calendar. The motion
MOTION: Rep. Froerer moved to adjourn the meeting. The motion passed unanimously.
Chair Powell adjourned the meeting at 1:05 p.m.
Rep. Kraig Powell, Chair