FEDERATION SUPPORTS "NO HARM, NO FOUL" PENSION BILL
The Federation's Dennis Eagle early Saturday morning testified in support of SB 6157 calculating compensation for public retirement purposes during the 2009-2011 fiscal biennium.
SB 6157 had a hearing in the House Ways and Means Committee.
The bill provides that average final salary calculations for Public Employees' Retirement System members not be affected by salary reductions due to reduced hours, leave without pay, or furloughs taken as part of an employer's expenditure reduction effort during the 2009-11 biennium.
The committee OK'd the bill. It now goes to the House Rules Committee to be scheduled for a vote of the full House.
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