Pension Issues Inventory

Section links are to a proposal for simplification of the pension system (which has been filed as House 2930). House 35 is the Governor’s pension reform proposal. Investment Risk — the possibility that earnings on invested funds will be insufficient to cover costs of future benefits.  Many analysts believe that the earnings available to dollar …

Simplified Pension System Proposal

An Act to make the public pension system simpler and fairer, to provide better income security to lower wage state employees and to protect future taxpayers from unanticipated pension costs (HD 01392) Summary: This bill creates a new pension plan for new public employees designed to improve the income security of lower state employees by …