HB 2143
PSPRS; investments.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill amends the Public Safety Personnel Retirement System (PSPRS) by clarifying the board of trustees’ powers and duties, particularly regarding investments. It outlines specific requirements for board members’ qualifications, including professional experience in finance and investment management. The bill also establishes procedures for investment expenses, annual reporting, and the selection of external advisors, aiming to ensure the system’s long-term financial stability and transparency. It further clarifies the board’s authority to invest in various assets and outlines responsibilities for the administrator and actuary.
Sponsors
Official sponsors from legislative records.
Primary sponsor
David Livingston
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.