SB17-013
Fire and Police Pension Association Multi-employer Deferred Compensation Plan Document
Concerning authorization of the board of directors of the fire and police pension association to develop a multi-employer deferred compensation plan document.
Session:
2017 Regular Session
Subject:
Bill Summary
State Government
Police Officers' and Firefighters' Pension Reform Commission.
To assist fire and police pension association (FPPA) employers in establishing a deferred compensation plan, the FPPA board of directors (board) is currently authorized to develop a master deferred compensation plan document for use by employers to establish individual plans. The bill authorizes the board to develop a multi-employer deferred compensation plan document to allow employers to join a multi-employer plan.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)