§5-10-53. Joint study of state retirement systems; report to Joint
Committee on Government and Finance by specified date
of study conclusions.
In light of the determination to repeal the public employees
retirement system II (PERS II) before its proposed date of initial
operation, a study shall be undertaken through the cooperative
efforts of the board of the public employees retirement system, the
board of the teachers retirement system and the legislative
commission on pensions and retirement toward determining the best
method by which to address the fiscal problems of the teachers
retirement system together with any combining of retirement systems
of the state that might be indicated, with report to be made to the
joint committee on government and finance of the Legislature by the
thirtieth day of June, one thousand nine hundred eighty-nine.