67-19-12.1 - Department of Financial Institutions pay plans. - Utah Statutes

67-19-12.1. Department of Financial Institutions pay plans.
To allow the state to recruit and retain the highest qualified examiners and regulators tooversee the financial services industry in this state and ensure parity with officials and employeesof federal regulatory agencies and entities performing substantially similar jobs, the pay plans forall examiners and supervisors specified in Title 7, Chapter 1, Article 2, Department of FinancialInstitutions, shall comply with Section 67-19-12, except that the market comparability study ofstate salary ranges for these positions shall be based on a survey of salary ranges of federalregulatory agencies and organizations responsible for regulating financial institutions charteredand regulated by the commissioner of financial institutions, including the:
(1) Federal Deposit Insurance Corporation;
(2) Federal Reserve; and
(3) National Credit Union Administration.

Enacted by Chapter 338, 2006 General Session