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F I S C A L I M P A C T R E P O R T

SPONSOR:	Varela		DATE TYPED:	1/24/03		HB	34
SHORT TITLE:		PERA Board Disclosure				SB
					ANALYST:		Smith

REVENUE

Estimated Revenue		Subsequent Years Impact	Recurring or Non-Rec	Fund Affected
FY03	FY04
	NFI

(Parenthesis ( ) Indicate Revenue Decreases)

Duplicates SB33

SOURCES OF INFORMATION

Responses Received From

Public Employees Retirement Association (PERA)

SUMMARY

Synopsis of Bill

House Bill 34 amends the Public Employees Retirement Act to allow certain nonprofit retirement organizations to receive the names and addresses of PERA members or retirees without the release or consent of the member or retiree. To qualify, PERA must currently be withholding membership dues for that organization

Significant Issues

Currently, PERA is withholding dues for the Retired Public Employees of New Mexico and AFSCME.

SS/yr