SB 418
Revises provisions relating to the collection of delinquent contributions by the Public Employees' Retirement System. (BDR 23-601)
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- Passed Senate
- Passed Assembly
- To Governor
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Bill overview
This bill revises how the Public Employees’ Retirement System (PERS) collects delinquent contributions. It changes the process for notifying public employers about overdue payments and specifies the methods for collecting those debts. Specifically, it outlines which entity should be notified for each type of public employer and details the payment sources, including withholding payments owed to local governments. The bill also removes the requirement to submit delinquent payroll reports to the Department of Taxation for collection.
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Primary sponsor
Senate Committee on Finance
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