Wednesday, March 6, 2013
Pension reform on Senate floor
The Senate Rules Committee yesterday moved SB 5851 (Creating a defined contribution retirement plan option for public employees)
to the Senate floor for a possible vote before cutoff. The bill would
create a new optional defined contribution pension plan for current
state workers and for new hires. The proposal would save state and local
government (taxpayers) an estimated $436 million over the next 25-years
according to the State Actuary . . . READ MORE
0 comments:
Post a Comment