Wednesday, April 18, 2012

Impact of pension reform deal

One of the most contentious proposals the Legislature considered this year was the plan to reform the state's pension system. The compromise bill ultimately agreed to (SB 6378) was adopted by a vote of 56-42 in the House and 27-22 in the Senate. Initial estimates show the reforms of SB 6378 will save approximately $1.3 billion over 25 years . . . READ MORE


Post a Comment