Concerning the appointment, removal, and salary of the state actuary.
This bill updates the process for appointing, removing, and setting the salary of the state actuary, who provides financial analysis for state pension systems. It repeals the state actuary appointment committee, transferring its responsibilities to the pension funding council. The pension funding council will now appoint, remove, and set the actuary's salary with an affirmative vote of four members, considering recommendations from the select committee on pension policy. Additionally, the pension funding council will approve salaries for the state actuary's staff.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
Apr 2025
Senate Passage
Apr 2025
House Passage
Apr 2025
Signed into Law
May 2025
Introduced Jan 8, 2025
Signed May 17, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Substitute Bill
→
Substitute Passed Legislature
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1 edit
MINOR
The bill was certified as passed by both the Senate and House, moving it to the final stage of becoming law. Substantive changes were made to the Select Committee on Pension Policy's duties, specifically renumbering and restructuring its responsibilities regarding the state actuary. The new structure clarifies that the committee must consult with the actuary appointment committee chair before making recommendations to the Pension Funding Council about the actuary's appointment, removal, and salary.
Scope change
The scope of the Select Committee on Pension Policy was modified to better align its duties with the appointment process for the state actuary.
REQUIREMENT
The duties of the Select Committee on Pension Policy were renumbered and combined. The original separate items regarding the actuary appointment committee and the actuary's salary were merged into a single, more complex requirement for the committee to consult with the actuary appointment committee chair before making recommendations to the Pension Funding Council.
Floor votes · Senate Apr 17, 2025 · House Apr 10, 2025
How they voted
51–0
Passed
Total votes 51
Apr 17, 2025
D
Democratic31
100% Yea
R
Republican20
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
28
Key actions
12
Committee
7
May 17, 2025
Signed into law
Governor signed.
executive
Apr 22, 2025
Lower · Passed
Speaker signed.
lower
Apr 19, 2025
Upper · Passed
President signed.
upper
Apr 17, 2025
Upper · Passed
Passed final passage; yeas, 49; nays, 0; absent, 0; excused, 0.
upper
Apr 17, 2025
Upper · Passed
Senate concurred in House amendments.
upper
Apr 10, 2025
Lower · Passed
Committee amendment(s) adopted with no other amendments.
lower
Apr 10, 2025
House · Passed
House Vote: pass (97-0-3)
house
Mar 26, 2025
Committee
Referred to Rules 2 Review.
lower
Mar 20, 2025
Lower · Passed
APP - Majority; do pass with amendment(s).
lower
Mar 20, 2025
Lower · Passed
Executive action taken in the House Committee on Appropriations at 4:00 PM.
lower
Mar 13, 2025
Lower · Passed
Public hearing in the House Committee on Appropriations at 4:00 PM.
lower
Feb 6, 2025
Upper · Passed
Executive action taken in the Senate Committee on Ways & Means at 4:00 PM.
upper
Jan 23, 2025
Upper · Passed
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.
upper
1 primary · 1 co-sponsor
Sponsors
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