6167-S.E AMH CONW HARD 1

ESSB 6167 - H AMD 383 WITHDRAWN 6/21/01

By Representative Conway

     On page 19, line 3, after "review process." insert "The department shall convene meetings with pension system employer and participant groups, including retirees, to review contribution rates with the assistance of the independent actuary and make recommendations to the council.

(3) "

EFFECT:  Creates a process by which employer, member, and retiree groups representing the various participants in the state pension systems will advise the pension funding council with regard to contribution rate changes.