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ID S1095

Bill

Official Source

Status

Passed

4/13/2021

Primary Sponsor

Commerce and Human Resources Committee

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • Amends Section 59-1304, Idaho Code, relating to the Public Employee Retirement System retirement board
  • Changes board member compensation provision to reference section 59-509(hp), Idaho Code instead of a different compensation method
  • Board compensation allowances continue to be paid from the administration account of the fund
  • Applies to all five board members: two appointed from active members with at least 10 years of credited service and three appointed from Idaho citizens not otherwise system members

Legislative Description

Amends existing law to provide for board members to be compensated via honorarium.

PERSI

Last Action

Session Law Chapter 178 Effective: 07/01/2021

4/13/2021

Committee Referrals

Commerce and Human Resources2/23/2021
Commerce and Human Resources2/15/2021
Judiciary and Rules2/12/2021

Full Bill Text

No bill text available