Edited by LM 4/13/22 Needs Reference Links Not Apprvd
Legislation
Legislation passed by the Alaska State Legilsature that may affect your retirement and benefits.
House Bills:
HB 69 Signed into law 6/30/21 – An act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for the fiscal year 2021 employer on-behalf for PERS and TRS retirement systems as well as provide the fiscal year 2022 JRS funding. See Section 73 .
HB 69 also provides additional funding for the group health and life fund (AS 39.30.095) to bring the unobligated balance to $10,000,000 at the fiscal year ending June 30, 2022. See Section 56(d) .
Senate Bills:
SB 55 Signed into law 6/11/21 – An Act relating to employer contributions to the Public Employees’ Retirement System of Alaska; and providing for an effective date. This bill provides the State of Alaska as employer an employer effective rate equal to the actuarially determined employer normal cost. See SB 55 full enrolled text .
House Bills:
HB 39 HB 205 Signed into law 4/6/20 – An act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for the fiscal year 2021 employer on-behalf for PERS and TRS retirement systems as well as provide the fiscal year 2021 JRS funding. See Section 41 .
HB 205 also provides additional funding for the group health and life fund (AS 39.30.095) to bring the unobligated balance to $10,000,000 at the fiscal year ending June 30, 2021. See Section 24(d) .
House Bills:
HB 39 Signed into law 6/28/19 – An Act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for the fiscal year 2020 employer on-behalf for PERS and TRS retirement systems as well as provide the fiscal year 2020 JRS and NGNMRS funding. See Section 35 .
House Bills:
HB 47 Signed into law 7/2/18 – An Act requiring certain municipalities with a population that decreased by more than 25 percent between 2000 and 2010 that participate in the defined benefit retirement plan of the Public Employees' Retirement System of Alaska to contribute to the system an amount calculated by applying a rate of 22 percent of the total of all base salaries paid by the municipality to employees of the municipality who are active members of the system during a payroll period; authorizing the administrator of the defined benefit retirement plan of the Public Employees’ Retirement System of Alaska to reduce the rate of interest payable by certain municipalities that are delinquent in transmitting employee and employer contributions to the retirement plan. See the full text PDF version of HB 47 .
HB 286 Signed into law 5/12/18 – An Act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for FY19 employer on-behalf for PERS and TRS retirement systems as well as provide the FY19 JRS and NGNMRS funding. See Section 2 and Section 25 .
House Bills:
HB 47 Signed into law 6/22/17 – An Act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for FY18 employer on-behalf for PERS and TRS retirement systems as well as provide the FY18 JRS and NGNMRS funding. See Section 41
HB 57 also provides additional funding for the group health and life fund (AS 39.30.095 ) to bring the unobligated balance to $10,000,000 at the fiscal year ending June 30, 2018. See Section 26(d) .
House Bills:
HB 256 Signed into law 6/29/16 – An Act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for FY17 employer on-behalf for PERS and TRS retirement systems as well as provide the FY17 JRS and NGNMRS funding. See Section 28
HB 256 also appropriated $7.5 million from the general fund to the group health and life fund. See Section 26(d) .
House Bills:
HB 72 Signed into law 4/18/15 – An Act making appropriations for the operating and loan program expenses of state government. This bill along with the line item vetoes and reductions will provide a portion of the NGNMRS FY16 funding. See Section 1
HB 2001 Signed into law 6/29/15 – An Act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for FY16 employer on-behalf for PERS and TRS retirement systems as well as provide the JRS FY16 funding. Additionally HB 2001 will provide a portion of the NGNMRS FY16 funding. See Section 10
Senate Bills:
SB 119 Signed into law 5/28/14 - An act making and amending appropriations, including capital appropriations, supplemental appropriations, reappropriations, and other appropriations; making appropriations to capitalize funds. This bill will provide funds for FY15 PERS and TRS retirement system funding. See Section 48
House Bills:
HB 116 Signed into law July 11, 2014 - An act Relating to the use of credited military service by retired peace officers and firefighters to meet certain requirements for major medical insurance coverage; and providing for an effective date. Read the Legislative Impact Below.
Check out the HB116 FAQs for more information.
HB 266 Signed into law 5/28/14 – An act making appropriations for the operating and loan program expenses of state government and for certain programs, capitalizing funds, and making reappropriations; and providing for an effective date. This bill will provide funds for FY15 NGNMRS and JRS retirement system. For NGNMRS see Section 1 . For JRS see Section 29
HB 385 Signed into law 6/23/14 – An act relating to the past service liabilities of the defined benefit plan in the teachers' retirement system and the defined benefit plan in the public employees' retirement system, and to excess assets of those plans on termination of the plans; and providing for an effective date. See the full text PDF version of HB 385
House Bills:
HB 65 Signed into law 5/21/13 – An Act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for FY14 employer on-behalf for PERS and TRS retirement systems as well as provide the JRS FY14 funding. See Section 29
House Bills:
HB 284 Signed into law 5/15/12 – An Act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for FY13 employer on-behalf for PERS and TRS retirement systems as well as provide the JRS and NGNMRS FY13 funding. See Section 27
No relevant bills were signed into law during the 1st session of the 27th Alaska State Legislature.
House Bills:
HB 300 Signed into law 6/03/10 - An Act making appropriations for the operating and loan program expenses of state government. This bill will provide funds for FY2011 employer relief for the PERS and TRS Retirement Systems as well as the JRS and NGNMRS. See Section 29 . Additionally, this bill will provide funds to the Group Life and Health Fund to implement the collective bargaining agreement for the Teachers’ Education Association of Mt. Edgecumbe for FY 2011. Section 26(p)
Senate Bills:
SB 10 Signed into law 7/01/10 - An Act requiring health care insurers to provide insurance coverage for medical care received by a patient during certain approved clinical trials designed to test and improve prevention, diagnosis, treatment, or palliation of cancer; directing the Department of Health and Social Services to provide Medicaid services to persons who participate in those clinical trials; relating to experimental procedures under a state plan offered by the Comprehensive Health Insurance Association; and providing for an effective date.
House Bills:
HB 81 Signed into law 5/21/09 - An Act making appropriations for the operating and loan program expenses of state government . . . . This bill will provide funds for FY10 employer relief for PERS and TRS retirement systems as well as provide the JRS and NGNMRS FY10 funding. See Section 23
Senate Bills:
SB 125 Signed into law 4/08/08 - An Act repealing the defined contribution retirement plans for teachers and for public employees; providing a defined benefit retirement plan for teachers and public employees; making conforming amendments; and providing for an effective date.
SB 221 Signed into law 5/22/08 - Sec. 68 (a) and (b) provides funding for payment of the unfunded liability in the JRS and NGNMRS.
SB 256 Signed into law 4/08/08 - Sec. 32 provides refunds to PERS employers that had overpaid their unfunded liability to the system, and provides funds to help offset the uniform contribution rate of 22 percent.
House Bills:
Senate Bills:
SB 53 Signed into law 6/29/2007 - Appropriates funds to reduce PERS & TRS school district employer costs due to increased employer contribution rates.
SB 123 Signed into law 6/29/2007 - An Act relating to the public employees' and teachers' defined benefit retirement plans ; relating to the public employees' and teachers' defined contribution retirement plans ; relating to the judicial retirement system; relating to the health reimbursement arrangement plan for certain teachers and public employees; relating to the supplemental employee benefit program; relating to the public employees' deferred compensation program; relating to group insurance for public employees and retirees; making conforming amendments; and providing for an effective date.
House Bills:
HB 95 Signed into law 6/29/2007 - Page 69 Sec 15 provides the TRS system contribution and the employer effective rate.
Senate Bills:
SB 231 Signed into law 7/10/2006, Partial Veto sustained 7/13/2006 - An Act making appropriations, including capital appropriations, supplemental appropriations, reappropriations, and appropriations to capitalize funds; making appropriations under art. IX, sec. 17(c), Constitution of the State of Alaska, from the constitutional budget reserve fund; and providing for an effective date.
SB 237 Signed into law 6/3/2006 - An Act relating to the compensation of justices and judges, and to increasing the number of superior court judges designated for the third and fourth judicial districts; and providing for an effective date.
House Bills:
HB 393 Signed into law 8/2/2006 - An Act requiring that certain health care insurance plans provide coverage for the costs of colorectal cancer screening examinations and laboratory tests; and providing for an effective date.
HB 475 An Act relating to the supplemental employee benefit program; relating to teachers' and public employees' defined benefit retirement plans; relating to teachers' and public employees' defined contribution retirement plans; relating to the health reimbursement arrangement plan for certain teachers and public employees; clarifying eligibility for membership in the health reimbursement arrangement plan; relating to waiver of adjustments under the teachers' defined benefit retirement plan and the public employees' defined benefit retirement plan; relating to the administrator of the Public Employees' Retirement System of Alaska; relating to employer contributions for occupational disability and death benefits; repealing participation in the teachers' defined contribution and defined benefit retirement plans by certain employees of the National Education Association of Alaska; relating to requirements for employer minimum contributions to the teachers' and the public employees' defined benefit retirement systems; relating to the public employees' defined benefit deferred compensation program; providing for an effective date by amending sec. 148, ch. 9, FSSLA 2005, which contains an effective date; and providing for an effective date.
