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)