1     
RETIREMENT SYSTEMS AUDIT RECOMMENDATIONS

2     
AMENDMENTS

3     
2016 GENERAL SESSION

4     
STATE OF UTAH

5     
Chief Sponsor: Todd Weiler

6     
House Sponsor: Kraig Powell

7     

8     LONG TITLE
9     General Description:
10          This bill modifies the Utah State Retirement and Insurance Benefit Act by amending
11     provisions related to public information.
12     Highlighted Provisions:
13          This bill:
14          ▸     requires the Utah State Retirement Systems (URS) to provide employee
15     compensation information on its website;
16          ▸     requires URS to provide advance public notice of administrative board meetings on
17     the Utah Public Notice Website;
18          ▸     requires URS to establish policies for time limits to respond to information
19     requests; and
20          ▸     makes technical changes.
21     Money Appropriated in this Bill:
22          None
23     Other Special Clauses:
24          None
25     Utah Code Sections Affected:
26     AMENDS:
27          49-11-1101, as enacted by Laws of Utah 2014, Chapter 185
28     ENACTS:
29          49-11-1102, Utah Code Annotated 1953

30          49-11-1103, Utah Code Annotated 1953
31     

32     Be it enacted by the Legislature of the state of Utah:
33     
Part 11. Public Information Disclosure

34          Section 1. Section 49-11-1101 is amended to read:
35          49-11-1101. Public financial information disclosure on website -- Exclusions.
36          (1) The office shall provide the following financial information for the public on its
37     website:
38          (a) administrative expense transactions from its general ledger accounting system; and
39          (b) [aggregated] employee compensation information by [department] individual
40     employee at least annually.
41          (2) For purposes of this part, the office is not required to provide other information for
42     public access on its website, if the disclosure of the information would conflict with the
43     fiduciary obligations of the board, including:
44          (a) revenue transactions; and
45          (b) member and participant information.
46          Section 2. Section 49-11-1102 is enacted to read:
47          49-11-1102. Public notice of administrative board meetings -- Posting on Utah
48     Public Notice Website.
49          (1) The office shall provide advance public notice of meetings and agendas on the Utah
50     Public Notice Website established in Section 63F-1-701 for administrative board meetings.
51          (2) The office may post other public materials, as directed by the board, on the Utah
52     Public Notice Website.
53          Section 3. Section 49-11-1103 is enacted to read:
54          49-11-1103. Public information requests.
55          The office shall establish, in policy, time limits to respond to public information
56     requests.