Day: December 9, 2016

Agreement Reached to Shore Up State Employees’ Retirement Security

Agreement Reached to Shore Up State Employees’ Retirement Security

State employee union leaders and the governor’s administration have been in discussions over pension funding for nearly a year in an effort to smooth out the pension liability.¬†Yesterday, they reached¬†agreement to restructure state employee pension fund payments. The agreement does not impact members’ retirement benefits or require increased employee contributions; it does, however, stabilize pensions […]

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