Tag: pension reform
Credit rating agencies say fixes for the severely underfunded retirement system don’t go far enough.
State will contribute $225 million extra annually, and both employer and employee contributions rise.
Sides still disagree on troubled public pension reform system.
After news leak, jurist skeptical of reductions retires early in protest.
A number of differences in the House and Senate versions of a new bill calls for debate.
Report cites progress made, but says more work needed on closing gender gap.
Democratic AG seeks to overturn GOP-passed measure that would move teachers into a hybrid retirement plan.
Report says pension cuts reduce the public sector’s ability to compete for new employees.
State’s attorney general says bill violates law, plans to sue when signed by governor.
Reform backers say proposal would produce $3.4 billion in immediate savings.