Category: Economy, Budget and Taxes

HB 620 (2013) relative to the adjustment of member and employer contribution rates in the retirement system.

House/Senate Bill: House

Description: Requires contribution rates for members in the retirement system and employers to be calculated by assigning one half of the biennial change in the retirement system liabilities to each.

Bill Sponsor: Kenneth Weyler

Bill Co Sponsor: Neal Kurk , John Sedensky, John Reagan

Next Hearing Date: Thu, 02/14/2013

Next Voting Date: Wed, 03/13/2013

Votes: Voice Vote

Bill Status

Killed in the House

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