Enrolled Senate Bill (S)
Authored by: Sen. Greg Walker, Sen. R Michael Young
Co-Authors: Sen. James Arnold, Sen. Lonnie Randolph
Sponsors: Rep. Woody Burton
  • Sen. Greg Walker
    Sen. Greg Walker

    Author

  • Sen. R Michael Young
    Sen. R Michael Young

    Author

  • Sen. James Arnold
    Sen. James Arnold

    Co-Author

  • Sen. Lonnie Randolph
    Sen. Lonnie Randolph

    Co-Author

  • Rep. Woody Burton
    Rep. Woody Burton

    Sponsor

  • Rep. Justin Moed
    Rep. Justin Moed

    Co-Sponsor

DIGEST

Public employee contributions to ASA only pension plan. Permits a member of the public employees' defined contribution plan (ASA only plan) to make contributions to the ASA only plan in addition to the required contribution of 3% of the member's compensation paid by the state on behalf of the member each year. Provides that additional contributions to the ASA only plan are made on the same basis and subject to the same limitations as additional contributions made by a member of the public employees' retirement fund.