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8 LONG TITLE
9 Committee Note:
10 The Retirement and Independent Entities Interim Committee recommended this bill.
11 General Description:
12 This bill modifies the Utah State Retirement and Insurance Benefit Act by amending
13 provisions related to public information.
14 Highlighted Provisions:
15 This bill:
16 ▸ requires the Utah State Retirement Systems (URS) to provide employee
17 compensation information on its website;
18 ▸ requires URS to provide advance public notice of administrative board meetings on
19 the Utah Public Notice Website;
20 ▸ requires URS to establish policies for time limits to respond to information
21 requests; and
22 ▸ makes technical changes.
23 Money Appropriated in this Bill:
24 None
25 Other Special Clauses:
26 None
27 Utah Code Sections Affected:
28 AMENDS:
29 49-11-1101, as enacted by Laws of Utah 2014, Chapter 185
30 ENACTS:
31 49-11-1102, Utah Code Annotated 1953
32 49-11-1103, Utah Code Annotated 1953
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34 Be it enacted by the Legislature of the state of Utah:
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36 Section 1. Section 49-11-1101 is amended to read:
37 49-11-1101. Public financial information disclosure on website -- Exclusions.
38 (1) The office shall provide the following financial information for the public on its
39 website:
40 (a) administrative expense transactions from its general ledger accounting system; and
41 (b) [
42 employee at least annually.
43 (2) For purposes of this part, the office is not required to provide other information for
44 public access on its website, if the disclosure of the information would conflict with the
45 fiduciary obligations of the board, including:
46 (a) revenue transactions; and
47 (b) member and participant information.
48 Section 2. Section 49-11-1102 is enacted to read:
49 49-11-1102. Public notice of administrative board meetings -- Posting on Utah
50 Public Notice Website.
51 (1) The office shall provide advance public notice of meetings and agendas on the Utah
52 Public Notice Website established in Section 63F-1-701 for administrative board meetings.
53 (2) The office may post other public materials, as directed by the board, on the Utah
54 Public Notice Website.
55 Section 3. Section 49-11-1103 is enacted to read:
56 49-11-1103. Public information requests.
57 The office shall establish, in policy, time limits to respond to public information
58 requests.
Legislative Review Note
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