Date: 01/20/2009

Final
BILL SUMMARY for SB09-017

SENATE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Refer SB 09-017 to the Committee of the Whole withPASS



03:31 PM -- Senate Bill 09-017

Senator Tochrop, prime sponsor, presented Senate Bill 09-017. She explained that the bill was recommended by the Police Officers' and Firefighters' Pension Reform Commission and modifies benefits available to certain retired firefighters, police officers and their dependents by repealing the earned income offset, modifiying requirements affecting dependent children, and repealing the termination of benefits for surviving spouses of members who remarry, among other provisions.

The following person testified on the bill:

03:32 PM -- Mr. Kevin Lindahl, representing the Fire and Police Pension Association (FPPA), testified in support of the bill. He stated that the bill will close gaps in certain types of coverage and makes technical changes to improve the administration of the program. He said the FPPA has significant administrative costs for very little gain.

Mr. Lindahl responded to questions from the committee about the funding of the plan, changing the dependent requirements, and tracking college students who qualify for benefits. He stated that tracking the status of college students, and whether they are full time costs FPPA more than just paying the benefit to these dependents. The bill, he explained, would repeal the requirement that a dependent child between the ages of 19 and 23 remain in school to be eligible for the benefit.


03:40 PM

Senator Sandoval closed public testimony.
BILL:SB09-017
TIME: 03:40:19 PM
MOVED:Hudak
MOTION:Refer SB 09-017 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed 6-0, with one excused.
SECONDED:
VOTE
Brophy
Yes
Heath
Excused
Isgar
Yes
King K.
Yes
Scheffel
Yes
Hudak
Yes
Sandoval
Yes
Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS



03:41 PM

The committee adjourned.