F5D57125BC8D90DC872583BB0058988E Hearing Summary

Representative Larson introduced SB19-106 concerning an additional process by which a board of county commissioners may initiate the withdrawal of current employees who are peace officers from a defined contribution retirement plan offered by one or more local governments.  The purpose of the withdrawal must be for the peace officers to join a retirement plan offered by the fire and police pension association.  Sixty five percent of current peace officer employees are required to approve the withdrawal and participate in the vote to withdraw.  This new provision may be used once every four years.

Representative Tipper made opening remarks about the bill.

The committee questioned the bill sponsors about the timeline for use of the withdrawal provision.

Eric Bergman, representing Colorado Counties, Incorporated, testified in opposition to the bill.

Rick Rodgers, representing the Colorado Public Plan Coalition, testified in opposition to the bill.  He indicated that the coalition may change its position with the amendment L.007 (Attachment A).

Tom Pfeifle, representing the El Paso County Defined Benefit Plan, testified in opposition to the bill.

The committee questioned the witnesses about the amendment.

Tim Mullen, representing CCOERA, testified in opposition to the bill. Mr. Mullen testified in support of the amendment.

Elizabeth Price, with CCOERA, testified in opposition to the bill.

Jeff Shrader, representing the Jefferson County Sheriff's Office, testified in support of the bill.

Chad Bingham, representing the Jefferson County Sheriff's Office, testified in support of the bill.

Sean Smith, representing the La Plata County Sheriff's Department, testified in support of the bill.

The committee questioned the witnesses about the amendment and the Colorado Sheriffs' Association. Sheriff Shrader testified that the association is in support of the bill.

Dianna Orf, representing the Associated Governments of Northwest Colorado, testified in opposition to the bill.

The committee questioned the sponsors about new employees.

Representative Tipper made closing remarks about the bill.

Representative Larson made closing remarks about the bill.

The committee made final remarks about the bill.