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Council hears sheriff—s briefing on new state retirement reporting under SB 144
Summary
A sheriff's-department presenter told the Jefferson County Council that Senate Bill 144 requires county pension plans to report via the state's gateway system and that the first filings are provisional; officials said next year—s actuarial-format filings will provide more complete funded-level data.
A sheriff's-department presenter told the Jefferson County Council on Nov. 18 that Senate Bill 144 requires county pension plans to report information to the state through the gateway system, but that the bill "did not provide detailed instructions" for how those reports should be formatted.
The presenter said the state will likely focus on plan funded levels and contribution requirements when reviewing the first round of…
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