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State Capitol, Room 108 Juneau, AK 99801-1182 Phone: (907) 465-3744 Fax: (907) 465-2273 Send E-Mail |
Bill Addresses Technical Issues; No Changes in Benefits or Employer Costs
For Immediate Release: March 20, 2000
Contact: Representative Bill Hudson's office at (907) 465-3744.
Juneau -- The Alaska House of Representatives Monday passed House Bill 335, sponsored by Representative Bill Hudson.
HB 335 addresses federal laws, court settlements, and other technical issues to update State laws regarding retirement and benefits. The bill also includes some efficiency measures requested by the retirement board.
"HB 335, which I introduced at the request of the Division of Retirement and Benefits, is, essentially, a clean-up bill," Hudson said. "There is nothing in this legislation which either enhances or diminishes any retirement benefit for active employees or retirees in any public retirement system. Likewise, nothing in this legislation will increase employers' costs."
HB 335 passed the House unanimously and now moves to the Senate for consideration.
Broadcasters note: Audio comments are available on the
Majority Actuality line, 1-800-478-6540
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