CHAIRMAN PHIL MENDELSON ANNOUNCES A PUBLIC HEARING

Bill 20-627, Post-Employment Benefits Trust Fund Jurisdiction Amendment Act of 2013

Council Chairman Phil Mendelson announces a public hearing of the Committee of the Whole on Bill 20-627, the “Post-Employment Benefits Trust Fund Jurisdiction Amendment Act of 2013.”  The public hearing will be held Tuesday, January 28, 2014, at 1:30 p.m. in Hearing Room 412 of the John A. Wilson Building, 1350 Pennsylvania Avenue, NW.

The stated purpose of Bill 20-627 is to amend the law to entrust the District of Columbia Retirement Board with responsibility for managing the assets of the Annuitants’ Health and Life Insurance Employer Contribution Trust Fund, and to require that the same fiduciary obligations and assumptions for other pension funds managed by the Retirement Board be made applicable to the Trust Fund.  The monies in the Trust Fund are held for the purpose of providing post-retirement benefits (health insurance) for retirees of the District government.

Those who wish to testify are asked to telephone the Committee of the Whole, at
(202) 724-8196, or e-mail Jessica Jacobs, Legislative Counsel, at jjacobs@dccouncil.us and provide their name, address, telephone number, and organizational affiliation, if any, by the close of business Friday, January 24, 2014.  Persons wishing to testify are encouraged, but not required, to submit 15 copies of written testimony.  If submitted by the close of business on January 24, 2014, the testimony will be distributed to Councilmembers before the hearing.  Witnesses should limit their testimony to five minutes; less time will be allowed if there are a large number of witnesses.  A copy of Bill 20-627 can be obtained through the Legislative Services Division of the Secretary of the Council’s office or at http://dcclims1.dccouncil.us/lims.

If you are unable to testify at the hearing, written statements are encouraged and will be made a part of the official record.  Copies of written statements should be submitted to the Committee of the Whole, Council of the District of Columbia, Suite 410 of the John A. Wilson Building, 1350 Pennsylvania Avenue, NW, Washington, D.C. 20004.  The record will close at 5:00 p.m. on Monday, February 3, 2014.