Introduction of bill and preliminary consideration by committee

Perfection of bill by committee; actuarial investigation. Scope of actuarial investigation; certificate and summary of investigation attached to bill. Consideration of bill on the floor; approval of amendments by state auditor; effect of passing bill in violation of this article. Article 3 Article 5 Enforcement of Standards in Local Retirement Systems Administration 47-20-20. 47-20-21. 47-20-50. Freezing of benefits and other provisions; amount of annual employer contribution. Triennial actuarial investigations; penalties for violations shown; list of local systems not in conformance reported triennially. Article 4 Effective date of enacted retirement bill with fiscal impact; unfunded enacted bills; requirements for retirement bills having fiscal impact. 47-20-50.1. Report of funding of retirement bills having a fiscal impact; publication.