DIGEST OF SB57 (Updated March 6, 2006 3:16 pm - DI 84)
Pension fund administrative issues. Authorizes a state agency to release an individual's Social Security number for the purpose of administering a state retirement fund or deferred compensation plan. Establishes a review process for an impairment awarded because a local pension board did not act in a timely manner. Extends the pilot program for the legislators' defined contribution plan until July 1, 2007. (The introduced version of this bill was prepared by the pension management oversight commission.)
