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HB 581 (2025)

Establish defined contribution retirement plan for new public employees

This bill did not become law.

Last updated 2025-12-19 6:35 am
Summary:

Establishes a new defined contribution state retirement plan for new public employees in the retirement system. A defined contribution plan is similar to a 401(k), rather than a pension.

Bill Sponsor:
Dan McGuire
Republican party logo
Status:
HOUSE
Status Detail:
Tabled in the House
Public Hearing Date:
01/30/2025 02:00 pm
Public Hearing Location:
LOB Room 306-308
House Voting Date:
03/13/2025
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