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

SPONSOR Chavez

DATE TYPED 02/28/05 HB 1036

SHORT TITLE Public Employee Retirement Info Disclosure

SB

ANALYST Geisler

APPROPRIATION

Appropriation Contained Estimated Additional Impact Recurring

or Non-Rec

Fund

Affected

FY05

FY06

FY05

FY06

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

Public Employees Retirement Association (PERA)

SUMMARY

Synopsis of Bill

House Bill 1036 amends the PERA Act to allow nonprofit retirement organizations that PERA is

currently withholding dues deduction for to receive the names and addresses of PERA members

or retirees without the release or consent of the PERA member or retiree. HB 1036 precludes dis-

tribution of the information to other third parties or use of the information for commercial pur-

poses.

Significant Issues

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

(“RPENM”) and the American Federation of State, Municipal and County Employees

(“AFSCME”).

WHAT WILL BE THE CONSEQUENCES OF NOT ENACTING THIS BILL.

Names and address of PERA members and retires could not be released without the release and

consent of the member, except for PERA retirement board election purposes.

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