Section 21.559

Title III LEGISLATIVE BRANCH

Chapter 21

Effective - 28 Aug 1985   

  21.559.  Powers and duties of joint committee. — The committee shall:

  (1)  Make a continuing study and analysis of all state and local government retirement systems;

  (2)  Devise a standard reporting system to obtain data on each public employee retirement system that will provide information on each system's financial and actuarial status at least biennially;

  (3)  Determine from its study and analysis the need for changes in statutory law;

  (4)  Make any other recommendation to the general assembly necessary to provide adequate retirement benefits to state and local government employees within the ability of taxpayers to support their future costs.

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(L. 1983 S.B. 393 § 4, A.L. 1985 H.B. 695)