Thursday, February 18, 2010

Senate Bill 94 Passes

This bill would suspend the 1.5% defined contribution benefit for state employees hired after 1986. Senator Gene Davis cast a notable no-vote and added, "I am voting no for this because it shows how easy it is to cut a defined contribution benefit."

This bill, along with SB43 and 63 will move on to the House after a final vote in the Senate.