Senator DAVIS proposed the following amendment (394R009.SP.TD):
    Amend the bill, as and if amended, page 5, line 30 by inserting:
/     (E)     When there is no longer an unfunded actuarial accrued liability (UAAL) of the system as determined by the annual actuarial valuation, all new employees must participate in a defined contribution retirement plan.         /

    Renumber sections to conform.
    Amend title to conform.