Revises provisions relating to the collection of delinquent contributions by the Public Employees' Retirement System. (BDR 23-601)
What changed between versions
Changed the collection procedure from submitting a written complaint to the Department of Taxation to submitting a notification of delinquent amount to specific agencies based on the employer type.
Added specific notification requirements for different public employer types: State Board of Examiners for executive agencies, Office of Court Administrator for judicial agencies, Legislative Counsel Bureau for legislative agencies, Department of Taxation for local governments, and Superintendent of Public Instruction for school districts.
Removed the requirement to notify the Department of Taxation about delinquent payroll reports, focusing collection efforts only on delinquent monetary contributions.
Created a new Reserve for Statutory Contingency Account in the State General Fund to be administered by the State Board of Examiners for paying certain state obligations.