Friday, February 27, 2009
The bill's sponsor, Senator Dan Liljenquist, R-Davis, offered the bill for public comment, as required, but he then suspended committee debate by motioning to adjourn. The bill was not voted out of committee; however, it may be brought to the Senate floor by a majority vote. Liljenquist has made SB 195 an option for solving the state's budget problems.
Monday, February 23, 2009
Friday, February 20, 2009
House Bill 211 came up today on the House Retirement and Independent Entities Committee's agenda. While the social cause is admirable, UPEA was prepared to oppose the bill on the grounds that it would increase portfolio volatility, increase administrative costs, conflict with URS's fiduciary responsibility and have potentially unintended consequences.
Fisher substituted the bill with language that creates a year-long study of the issue. The committee passed 1st Substitute HB 211 , even though it had a $10,000 fiscal note. Fisher will work with URS to decrease the fiscal note and make the bill debateable on the House floor. UPEA will track the issue next year to ensure that it does not put employees' retirement funds at any additional risk.
Monday, February 9, 2009
The Utah Public Employees’ Association State Board of Directors and Advisory Council met on Saturday, February 7, 2009, to discuss the state’s ongoing budget crisis. Board members discussed how important it is for public employees to be proactive in helping the state resolve the crisis while preserving and limiting the impact on jobs. Pending the outcome of final state revenue numbers State Board and Advisory Council members believe their input and suggestions could assist in reducing the number of RIF’s in state government. The State Board and Advisory Council discussed certain options such as furloughs and benefit considerations. As stated – saving jobs is the ultimate goal!
The substituted bill contains the following:
-Allows an individual who has been RIF’d to be given preferential consideration when applying for a new position with the state.
-Preferential consideration is the equivalent of Veteran’s points.
-Preferential consideration is maintained as long as an individual has not accepted a career service position with the state.
Historically, preferential consideration stayed in affect for only one year.